Lithium producer Tianqi in talks with banks to ease debt terms
Published: Monday, 18 May 2020
Chinese lithium producer Tianqi is in negotiation with banks to adjust the terms of its debt as the date on a key loan repayment nears, the company said on May 15 when answering investors' questions on an interactive platform.
The company is due to pay around $1.9 million in November
2020 after securing a loan in 2018 for the acquisition of a
23.8% stake in Chilean lithium miner SQM.
During a session where the company was answering questions
from investors, Tianqi...