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Tianqi says happy 'for now' with stake in SQM -president

Published 2019-06-10, 11:05 a/m
© Reuters.  Tianqi says happy 'for now' with stake in SQM -president
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SANTIAGO, June 10 (Reuters) - Tianqi Lithium Corp 002466.SZ is happy for now with its stake in Chilean lithium producer SQM SQMa.SN and is working to deepen business ties, the Chinese company's president said on Monday.

Tianqi last December bought a 23.77 percent share in SQM from Canadian fertilizer company Nutrien NTR.TO for $4.1 billion.

"We are happy for now. We are still trying to understand the business better and find a better way to help," Tianqi President Vivian Wu told Reuters in an interview ahead of the Fastmarkets Lithium Supply and Markets Conference in Santiago.

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