Tianqi Lithium Buys 58% of Talison Lithium Australia

The Chinese Ministry of Commerce has approved Tianqi Lithium Industries (Hong Kong) to take over 58.36 percent equities Tianqi Group Hong Kong company holds in Talison Lithium Australia Pty Ltd., according to Menafn.com.

As quoted in the market news:

Tianqi Lithium Industries (Hong Kong) will own 65% of Talison Lithium Australia, raising investment from USD 54 million to USD 634 million.

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