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

By Charles Morris 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 …read more