Tianqi asks Chile regulator to reconsider decision on SQM-Codelco deal

China's Tianqi Lithium has appealed Chile's financial regulator to reconsider its decision about the SQM-Codelco lithium deal not needing shareholder approval, the Financial Market Commission confirmed on Friday.

Earlier this month, the CMF stated that a proposed lithium joint venture between state-run Codelco and miner SQM would not need to face a vote by SQM shareholders as argued by Tianqi, which owns a fifth of SQM.