TaiShang
ELITE MEMBER
- Joined
- Apr 30, 2014
- Messages
- 27,848
- Reaction score
- 70
- Country
- Location
Dec 04, 2018 07:34 PM
China’s Largest Lithium Producer Closes $4 Billion Chile Deal
By David Kirton
An aerial view shows the brine pools of the SQM lithium mine on the Atacama salt flat in northern Chile, Jan. 10, 2016. Photo: VCG
After clearing several regulatory hurdles, Tianqi Lithium Corp. has finally completed its purchase of a 23.77% share in Chilean miner Sociedad Quimica y Minera de Chile SA (SQM) in a $4 billion deal that further bolsters China’s presence in the global lithium supply chain.
The deal was announced on Monday and will see China’s largest lithium producer purchase the stake from Canadian fertilizer company Nutrien Ltd., according to a filing (link in Chinese) with the Shenzhen Stock Exchange.
https://www.caixinglobal.com/2018-1...er-closes-4-billion-chile-deal-101355478.html
China’s Largest Lithium Producer Closes $4 Billion Chile Deal
By David Kirton
An aerial view shows the brine pools of the SQM lithium mine on the Atacama salt flat in northern Chile, Jan. 10, 2016. Photo: VCG
After clearing several regulatory hurdles, Tianqi Lithium Corp. has finally completed its purchase of a 23.77% share in Chilean miner Sociedad Quimica y Minera de Chile SA (SQM) in a $4 billion deal that further bolsters China’s presence in the global lithium supply chain.
The deal was announced on Monday and will see China’s largest lithium producer purchase the stake from Canadian fertilizer company Nutrien Ltd., according to a filing (link in Chinese) with the Shenzhen Stock Exchange.
https://www.caixinglobal.com/2018-1...er-closes-4-billion-chile-deal-101355478.html
