Tianqi appeals Chile ruling on SQM-Codelco lithium deal

Chinese lithium miner Tianqi has appealed a ruling by Chilean financial regulator CMF that shareholder approval is not needed to proceed with a major tie-up set to boost state control over the country's lithium sector, it said on Saturday.

Tianqi has repeatedly called for the planned partnership between state miner Codelco and SQM, the world's No. 2 lithium producer, to be put to a shareholders' vote. Tianqi owns about a fifth of SQM.