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China debt crunch

Chairman of China's Tianqi Lithium required to lend company $117m

Struggling miner's shares jump, as investors see owner having 'skin in the game'

Tianqi Lithium Chairman Jiang Weiping and members of his family have committed some of their personal fortune to the company. (Source photos by Reuters and Tianqi Lithium)

HONG KONG -- The chairman of troubled Chinese miner Tianqi Lithium is to lend the company $117 million under a condition of the company's deal with Australian miner IGO Ltd.

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