29
Jul
13:04
Tianqi appeals Chile’s ruling over SQM-Codelco deal
Chinese miner Tianqi Lithium has appealed the Chilean Financial Market Commission’s (CMF) ruling that shareholder approval is not needed for the SQM-Codelco deal.
In May, Chilean miner SQM and state-owned company Codelco agreed on a joint venture partnership to mine lithium in the Salar de Atacama region. Shortly after, Tianqi, SQM’s second-largest shareholder, called for an extraordinary meeting to vote on the deal. However, last month the C…
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