China Tianqi seeks to increase its participation in Chilean lithium exploitation
The Chinese company Tianqi Lithium has released a statement anticipating significant transformations in the lithium industry in Chile. This forecast implies a shift from a market previously dominated by SQM and Albemarle to a more diversified environment with the entry of new global competitors. Tianqi, which holds a 22.16% equity stake in SQM, highlights the growth of new players in the lithium industry in Chile and expects this trend to continue in the coming years.
The Red Cross Society of China donates US$100,000 to help fight forest fires in Chile
China’s Red Cross has donated US$100,000 to the Chilean Red Cross to help areas affected by the forest fires that have ravaged the country’s south-central area. China’s ambassador to Chile, Niu Qingbao, made the announcement at a press conference at the Chilean Red Cross headquarters in Santiago, adding that the Chinese Embassy in Chile is collaborating with the Chilean Association of Municipalities to provide support.