Tianqi Lithium/IGO lithium joint venture to acquire Essential Metals

Green Car Congress
By mmillikinJan 9, 2023, 9:30 am186 pts
Tianqi Lithium Energy Australia Pty Ltd (TLEA), the 2021 lithium joint venture entity owned by Tianqi Lithium Corporation (TLC) (51%) and IGO (49%), has entered into an agreement to acquire 100% of Essential Metals Limited for A$0.50/share, payable in cash. The transaction represents a 36.3% premium to ESS’s…

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