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Chile competition probe into China lithium deal

Thu, 06/28/2018 - 17:07 -- Xuan Zhong
Chile competition probe into China lithium deal

Competition chiefs in Chile have launched a probe into a deal that would see China’s Tianqi Lithium become a key shareholder of the world’s second largest producer of lithium.

Tianqi confirmed last month it had agreed to buy a 25.9% stake in Sociedad Quimica y Minera de Chile (SQM) from Canada-based Nutrien— in a move to strengthen Chinese influence on the battery raw materials market.

 

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