SANTIAGO – China's Tianqi Lithium said on Wednesday it would nominate a Chilean economist, a Chilean attorney and a US executive as candidates to the board of top Chilean lithium producer SQM, in which it owns a near-24% stake.
Tianqi has nominated Chilean attorney Francisco Ugarte, who represented the Chinese lithium producer in its 2018 purchase of the SQM stake, it said in a statement.
Tianqi said it would also nominate Robert Zatta, a US executive who once worked for Rockwood Holdings, now Albemarle, SQM's top competitor, and Georges de Bourguignon Arndt, a Chilean businessman and former professor at Chile's Universidad Catolica.