Tianqi Lithium Plans Partial Stake Sale in SQM in Discloseable Transaction
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Tianqi Lithium Corp. has announced plans to sell up to 3,565,970 Class A shares of Chilean lithium producer SQM, representing 1.25% of SQM’s total share capital. This disposal, classified as a discloseable transaction under Hong Kong listing rules, will be executed at prices not lower than Tianqi’s original investment cost. The move aims to optimize capital allocation and liquidity while maintaining Tianqi’s position as a major SQM shareholder. The current analyst rating for Tianqi Lithium stock is a Hold with a price target of HK$58.00.
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