Lithium producer Tianqi explores asset, equity sales

By Carrie Shi, Dalila Ouerghi
Published: Tuesday, 21 April 2020

Chinese lithium producer Tianqi is exploring asset or equity sales, or the possibility of bringing in new domestic or foreign investors, due to continuing problems with liquidity, it has announced.

The Shenzhen-listed firm said on Saturday April 18, however, that a final decision had yet to be taken.

Earlier in April, the company announced that it expected to report a net loss of 450-510 million yuan ($64-72 million) in the first quarter of 2020, compared with a net profit of...

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