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Tianqi to sell stake in Lithium mine to ease loan troubles

Bloomberg Tianqi Lithium plans to sell a minority stake in the world’s biggest lithium mine, giving the producer access to the cash it needs to repay the major loan behind its ballooning financial troubles. Australian miner IGO Ltd will pay $1.4 billion in cash for a 49% stake in Tianqi Lithium Energy Australia Pty, the majority shareholder in the Greenbushes ...

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Modi needs one more farm law to end crisis

Farmers’ protests are threatening to snowball into the biggest political crisis of Narendra Modi’s tenure. To give in to demands and scrap the laws would be an uncharacteristic admission of defeat for India’s strongman prime minister, who promised they would transform agriculture. But letting the unrest linger could cause chaos in food markets, alienate urban consumers, and potentially derail the ...

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China’s giant crop takeover has failed

There comes a point where you have to stop throwing good money after bad. That moment is already well past for Sinochem Corp and China National Chemical Corp, or ChemChina, the state-owned Chinese giants that have been edging towards a merger for four years. The two chemicals companies are working on a structure that would allow them to combine without ...

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