Tianqi agrees to purchase Nutrien's SQM ‘A share’ investment
Nutrien Ltd has signed an agreement with Tianqi Lithium Corp., under which Tianqi has agreed to purchase 62 556 568 ‘A shares’ of SQM held by Nutrien.
Nutrien Ltd has signed an agreement with Tianqi Lithium Corp., under which Tianqi has agreed to purchase 62 556 568 ‘A shares’ of SQM held by Nutrien.
The company has attributed the decision to recent actions in Ukraine restricting foreign suppliers of fertilizers and expectations of a further deterioration in the business climate.