Lithium producer Tianqi in talks with banks to ease debt terms

By Carrie Shi, Dalila Ouerghi
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...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.