Tianqi Lithium: SQM, Codelco Finalize Strategic Partnership, JV Renamed Pending Court Ruling

Published: Dec 30, 2025 11:54

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[Tianqi Lithium: SQM and Codelco Complete Strategic Partnership as per Signed Partnership Agreement] Tianqi Lithium announced that on December 27, 2025, local time in Chile, SQM disclosed that it had completed its strategic partnership with Codelco. The joint venture, SQM Salar, will be renamed Nova Andino Litio SpA. This merger was executed in accordance with the terms stipulated in the Partnership Agreement signed by both parties on May 31, 2024, but it remains subject to one resolutive condition, pending a ruling by the Supreme Court of Chile on the appeal filed by Tianqi Chile, a wholly-owned subsidiary of the company.

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