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In Depth: Chinese Lithium Giant’s Chile Headache Telling of Growing Global Resource Protectionism

By Lu Yutong and Wang Xintong
2024年06月04日 20:54
Chile's new deal with local miner SQM will give it greater control over the country’s largest reserve of the key EV battery material, but will likely dilute shareholder Tianqi Lithium's future profits

The Chilean government’s move to take greater control over the country’s largest lithium reserve in a deal with local giant SQM has put its Chinese shareholder Tianqi Lithium in a bind, and comes as developing nations around the world take a greater interest in their mineral resources needed for a green transition.

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