China's Tianqi alleged errors in Chile effort to block SQM stake - papers [Reuters]
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Source: Reuters
China's Tianqi alleged errors in Chile effort to block SQM stake - papers | Reuters Reuters Staff 3 Min Read SANTIAGO (Reuters) - China’s Tianqi Lithium Corp ( 002466.SZ ) said there were errors in a Chilean government agency’s effort to block its purchase of a stake in local mining company SQM SQMa.SN, local newspapers La Tercera and El Mercurio reported on Saturday. Tianqi representatives challenged Chilean state development agency Corfo’s claim that buying the stake would enable China to dominate the world lithium market and emphasized that Tianqi is a private company, the papers said. The Corfo case seeking to limit Chinese participation in Chilean lithium mining is being closely watched as companies around the world try to shore up supplies of the key material in electric vehicles and cellphone batteries. The head of Chile’s National Economic Prosecutor’s office, known by its Spanish-language acronym FNE, met on March 29 with three lobbyists for the Chinese miner to discuss “Co
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