IGO, Tianqi to close JV deal by end of June

By IM Staff
Published: Wednesday, 23 June 2021

Australia-listed IGO Ltd is one step closer to forming a joint venture with Chinese lithium producer Tianqi Lithium after key regulatory requirements for the internal restructuring of the Australasian arm of the latter to proceed have been satisfied, IGO said on Tuesday June 22.

In December 2020, both companies signed an initial investment agreement which saw Tianqi’s wholly-owned subsidiary Tianqi Lithium Energy Australia Pty Ltd (TLEA) bring in IGO as a strategic investor.

Meanwhile, the Australian Taxation Office has confirmed the tax migration of TLEA to Australia, according to IGO.

The two...

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.