Tianqi Lithium Corporation (002466.SZ)
- Bloomberg
China Lithium Pioneer Hands Reins to Daughter After Loss
(Bloomberg) -- Jiang Weiping, the founder of major Chinese lithium producer Tianqi Lithium Corp., resigned as chairman after the battery-material producer reported its biggest-ever quarterly loss of more than half a billion dollars.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterBinance and CZ’s Fortunes Are Set to Grow, Jail or no JailCocoa
- Bloomberg
Tianqi Takes Another Shot at Probing SQM-Codelco Lithium Deal
(Bloomberg) -- Chile’s SQM called another investors meeting at the request of its second-largest shareholder, Tianqi Lithium Corp., which seeks greater clarity over a proposed deal with copper giant Codelco.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsChinese Cement Maker Halted After 99% Crash in 15 MinutesUS Inflation Refuses to Bend, Fanning Fears It Will StickMcKinsey Starts Hundreds of Job C
- Reuters
Chile lithium miner SQM spars with China partner over Codelco deal
Tianqi, a global lithium rival that holds about 20% of SQM shares, last week raised concerns over transparency in the talks with Codelco, which is slated to take a 50% plus one share stake in the new joint venture beginning in 2025 under a government policy aimed at boosting state control in Chile's lithium industry. SQM, the world's No. 2 lithium producer, and Codelco reached an initial agreement in December and aim to finalize details by May 31. Tianqi Chief Executive Frank Ha emphasized the company's worries over the Codelco deal in comments to Chilean newspaper La Tercera published Saturday.
