Chinese mining firm Tianqi Lithium seeks to pass a listing hearing for the Hong Kong Stock Exchange (HKEx) on Thursday, to raise between $1 billion and $1.5 billion.
Chinese lithium miner Tianqi Lithium's application for a Hong Kong listing has been approved by the China Securities Regulatory Commission. Subsequently, rumors have emerged that Tesla will participate in the IPO subscription of the company.
Chinese electric vehicle maker BYD is reportedly in talks to buy six lithium mines in Africa. The total resources of lithium oxide at a 2.5% grade in the six lithium mines are estimated at more than 25 million tons.