Tianqi Lithium seeks an injunction against the SQM-Codelco cooperation case, aiming to compel shareholder voting

Wallstreetcn
2025.12.03 16:45

Court documents show that TIANQI LITHIUM has submitted an injunction application to the Chilean Supreme Court regarding the partnership between Codelco and SQM. TIANQI LITHIUM holds a 22% stake in SQM. TIANQI LITHIUM requests the court to halt a ruling by the country's securities regulator. This ruling allows SQM's board of directors (rather than shareholders) to approve the partnership with Codelco. TIANQI LITHIUM believes it is crucial to stop all progress now to ensure that the final ruling of the Supreme Court can have practical effect