Tianqi Lithium Plans Partial Sell-Down of SQM Stake Under One-Year Mandate

Tianqi Lithium Corp. Class H ( (HK:9696) ) has provided an announcement.

Tianqi Lithium Corporation has approved a plan to gradually dispose of up to 3,565,970 Class A shares in Chilean lithium producer SQM, equivalent to no more than 1.25% of SQM’s total share capital, while ensuring the sale remains below thresholds that would require shareholder approval under Hong Kong and Shenzhen listing rules. Since 26 December 2025 the company has already sold 748,490 Class B SQM shares, or 0.29% of SQM, and now holds 62,556,568 Class A shares, representing 21.9% of SQM’s equity, exclusively through its wholly owned subsidiary Inversiones TLC SpA. The board has given management a one-year mandate to time and structure the disposals based on SQM’s operations, dividend policy and market conditions, with an indicative floor at original investment cost and flexibility to sell via market trades, negotiated deals or other lawful capital market instruments, highlighting a measured approach to portfolio optimisation that could unlock liquidity while preserving a sizeable strategic stake in SQM.

The most recent analyst rating on (HK:9696) stock is a Hold with a HK$58.00 price target. To see the full list of analyst forecasts on Tianqi Lithium Corp. Class H stock, see the HK:9696 Stock Forecast page.

More about Tianqi Lithium Corp. Class H

Tianqi Lithium Corporation is a PRC-incorporated new energy materials company with lithium at its core, listed in Shenzhen and Hong Kong. Its primary business spans key stages of the lithium value chain, including hard rock lithium resource development, production and sale of lithium concentrates, and manufacturing and sale of lithium chemical products, positioning it as a significant player in the global lithium supply market.

Average Trading Volume: 6,423,885

Technical Sentiment Signal: Hold

Current Market Cap: HK$98.73B

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