Tianqi exercises option for stake in Rockwood Lithium GmbH

摘要

China’s Tianqi Lithium has exercised its option to acquire a 20% indirect ownership interest in Albemarle subsidiary Rockwood Lithium GmbH, the companies say. Rockwood Lithium GmbH is a European lithium business owned by Ablemarle, including organolithiums and a facility in Germany. The subsidiary does not include Albemarle’s lithium battery and energy storage business, or reserves and operations in South America, the US, or China.