Chinese Lithium Giant Targets Up to $1.7 Billion in Hong Kong IPO

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Tianqi Lithium one of many world’s largest producers of battery-grade lithium compounds, mentioned Wednesday that it plans to boost the equal of as much as $1.7 billion in a Hong Kong preliminary public providing, braving a subdued world marketplace for inventory issuance.

Funding banks dealing with the transaction will begin taking orders from traders on Thursday and worth the deal on July 6. The lithium producer expects to listing on July 13.

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