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Chile's mining minister urges SQM, Tianqi to resolve spat
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Chile's mining minister urges SQM, Tianqi to resolve spat
Mar 27, 2024 7:11 AM

SANTIAGO, March 27 (Reuters) - Chile's mining minister

on Wednesday urged Chilean miner SQM and China's Tianqi Lithium

Corp, a major shareholder in the company, to resolve their

ongoing spat, but refrained from weighing into their private

matter.

Tianqi, which holds about 20% of SQM shares, last week

raised concerns over transparency in the firm's talks on a

partnership with state copper producer Codelco. The Chinese

company's view was later challenged by SQM's board chairman.

"We naturally urge the internal differences that SQM may

have with its partners to be resolved," Mining Minister Aurora

Williams told reporters, adding however that she had "no

opinion" on how the firm deals with its board and shareholders.

"It is not our place to give an opinion on that."

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