Lithium Shakeup Ahead With Prospect of More China Sales for SQM, More U.S. For FMC — Panjiva
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Lithium Shakeup Ahead With Prospect of More China Sales for SQM, More U.S. For FMC

Argentina 60 Chile 115 China 3048 Materials - Metals/Mining 792 Mergers 220 U.S. 5399

Chile’s courts are set to rule on Tianqi Lithium’s purchase of SQM this week from Nutrien. The result could shake up the global lithium supply chain and continues a trend of both miners and buyers (such as auto-makers) attempting to secure ownership of battery components. Chilean exports of lithium carbonate surged 29% on a year earlier in the three months to July 31, with SQM accounting for 60% of the total ahead. SQM’s exports to China (Tianqi’s domestic market) have actually been in decline and accounted for 16% of the total in the past six months from 27% in 2017. American buyers’ sh...

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