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Tianqi Lithium Scraps Share Sale After Exchange Queries Plan Bloomberg 1/18/2021 Bloomberg News © Bloomberg Lithium ore moves along a conveyor at a Talison Lithium Ltd. facility, a joint venture between Tianqi Lithium Corp. and Albemarle Corp., in Greenbushes, Australia, on Thursday, Aug. 3, 2017. Rising Chinese demand for lithium-ion batteries needed for electric vehicles and energy storage is driving significant price gains and an asset boom in Australia, already the world s largest lithium producer. (Bloomberg) Tianqi Lithium Corp. halted a private share-sale plan after a Chinese exchange queried the deal. The company said Sunday it had terminated the plan, announced Friday, that would see it raise as much as 15.9 billion yuan ($2.5 billion) by issuing stock to controlling shareholder Chengdu Tianqi Industry Group Co. at 35.94 yuan per share about 40% below its last closing price. Tianqi said it scrapped the deal to avoid short-swing trading and pr

New south walesWestern australiaBloomberg tianqi lithium corpTianqi lithium corpTalison lithium ltdChengdu tianqi industry group coAlbemarle corpTalison lithiumTianqi lithiumBloomberg lithiumChengdu tianqi industry groupபுதியது தெற்கு வேல்ஸ்கிரீன் புஷ்கள்மேற்கு ஆஸ்திரேலியாதழிசொன் லித்தியம் லிமிடெட்அல்பேமார்லே கார்ப்