Tianqi weighs legal actions after Chile regulator clears SQM-Codelco deal

China's Tianqi Lithium said on Friday it was evaluating possible legal action against a Chilean regulator's ruling allowing a tie-up between No. 2 lithium producer SQM, which it owns around a fifth of, and Chile's state-run copper giant Codelco.

Chile's financial regulator this week said a planned lithium joint venture between SQM and Codelco can proceed without a vote by SQM shareholders, which would have included Tianqi.