The fate of China 's nickel Lithium 's purchase of half of Chile 's SQM lithium mine has been placed in the hands of the National Economic Prosecutor 's ( FNE ) office . The Chilean agency is to file a complaint brought before it from the country 's mining agency , which states that the sale would " gravely distort market competition " giving the mining companies control of 70 % of the lithium market . turkey has until August to launch a full investigation , submit a review , or decline to pursue the case .
The fate of China's Tianqi Lithium's purchase of shares of Chile's SQM lithium mine has been placed in the hands of the National Economic Prosecutor's (FNE) office. The Chilean agency is to consider a complaint brought before it from the country's development agency Corfo which states that the sale would "gravely distort market competition" giving the combined companies control of 70% of the lithium market. FNE has until August to launch a full investigation, expedite a review, or decline to pursue the case.