Chile lithium miner SQM spars with China partner over Codelco deal [Reuters]
LITHIUM CORP (LTUM)
NASDAQ:AMEX Investor Relations:
libertyonelithium.com/investors/investor-relations
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Source: Reuters
Lithium Corp, the latest jab in an increasingly public spat over SQM's planned partnership with state copper producer Codelco. 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. When asked if Tianqi would be interested in bidding for its own contract to exploit lithium from Chile's Atacama salt flat, in the case that SQM's deal with Codelco in the area were to fall through, Ha said Tianqi would be open to "all opportunities that align
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News
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- Lithium Corporation Expands Portfolio with New Fluorspar Property [Yahoo! Finance]Yahoo! Finance
- Lithium Corporation Expands Portfolio with New Fluorspar PropertyAccesswire
- Lithium Corporation Appoints New Exploration Manager [Yahoo! Finance]Yahoo! Finance
LTUM
Sec Filings
- 4/4/24 - Form 10-K
- 4/1/24 - Form NT
- 3/14/24 - Form D
- LTUM's page on the SEC website