Chinese company Tianqi is aiming to secure more voting power in the lithium deal involving Chilean companies SQM and Codelco. Tianqi is seeking to increase its influence as a shareholder in the deal, which has significant implications for the global lithium market.
The deal in question involves Tianqi's acquisition of a stake in SQM, a major lithium producer in Chile. This move has raised concerns among Chilean authorities and other stakeholders about the potential impact on the country's lithium industry.
