HONG KONG -- Tianqi Lithium, a Chinese lithium producer struggling to meet heavy debt repayment obligations, said it had reached agreement to sell almost half of its interest in the world's largest mine for the mineral now prized by electric vehicle producers.
The Shenzhen-listed company is selling a 49% stake in the investment vehicle holding its stake in the mine at Greenbushes, Western Australia for $1.4 billion to IGO Ltd.
