Tianqi Lithium introduces strategic investor Australia IGO
Published: Wednesday, 09 December 2020
China’s Tianqi Lithium’s wholly-owned subsidiary Tianqi Lithium Energy Australia (TLEA) has brought in new strategic investor Australia-listed IGO as a 49% stakeholder, with both parties signing an initial investment agreement on Wednesday December 9.
IGO Lithium Holdings, a subsidiary of IGO, will contribute
$1.4 billion in cash to acquire a 49% stake in TLEA. The
remaining 51% stake will continue to be held by
IGO is an Australia Stock Exchange-listed exploration and
mining company focused on the development of clean...