By Lewis McLellan
02.45 PM
Three SSA borrowers were set to come to market for five year paper on Wednesday, with two targeting fixed rate benchmarks and the other a five year floater linked to the secured overnight financing rate. The European Bank for Reconstruction and Development has selected
By Reuters Staff
(Adds Treasury comment, changes headline)
MELBOURNE March 11 (Reuters) - An Australian mining services contractor locked in a legal dispute with China’s Tianqi Lithium Corp over failed payments has asked the Foreign Investment Review Board (FIRB) to examine a related sale, a company director said on Thursday.
Perth-based MSP Engineering has asked FIRB to review a part sale of Tianqi’s Australian lithium business to nickel miner IGO after Tianqi refused to pay it for constructing a battery-grade lithium processing plant in Western Australia.
This week, Western Australia’s Supreme Court ruled that Tianqi, one of the world’s biggest producers of lithium chemicals used in electric vehicle batteries, must pay A$38.9 million ($30 million) in arrears. Tianqi said it will appeal.
MSP Engineering asks the Foreign Investment Review Board to review a sale of Tianqi’s Australian lithium business to nickel miner IGO after Tianqi refused to pay it for constructing a battery-grade lithium processing plant in Western Australia.
UPDATE 2-Contractor asks Australia to review asset sale by China s Tianqi Lithium reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Bybit appoints new general counsel to lead global cryptocurrency compliance Daniel Lim will lead Bybit s legal and compliance team, following an appointment hot on the heels of Bybit s U.K. shutdown. 7304 Total views News
Cryptocurrency derivatives exchange Bybit has appointed a new general counsel to lead the firm in its global compliance matters, and to oversee its legal team.
Daniel Lim, formerly head of legal and compliance for the Singapore-based investment bank, Daiwa Capital Markets, was announced in the new role on March 9. Lim joins Bybit shortly after the exchange was forced to close down operations in the United Kingdom, following the FCA’s blanket ban on retail crypto derivatives trading.