CHARLOTTE, US: Albemarle Corporation and Tianqi Lithium Corporation (Tianqi) have entered into a deed of termination, pursuant to which Tianqi's exercise of a previously announced option to acquire a 20 percent indirect ownership interest in Rockwood Lithium GmbH and its subsidiaries has been terminated.
In accordance with the deed of termination, the option agreement has been terminated and the exercise of the option by Tianqi will cease to have any legal effect.
© Worldofchemicals News
Read More: Albemarle, Tianqi terminate share purchase
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