Chinese and Chilean lithium giants make $4-billion stock purchase deal

Lithium
China-based Tianqi Lithium has purchased a substantial number of shares in Sociedad Química y Minera de Chile (SQM), which claims to be the world’s largest lithium producer, in a deal worth approximately $4.07 billion. Chinese companies have been on a lithium buying spree recently, as prices of the “white gold” steadily climb. Tianqi and SQM… Read more »