Xin Lang Cai Jing·2025-12-29 09:34Core Viewpoint - Tianqi Lithium announced that on December 27, 2025, local time in Chile, SQM disclosed the completion of its strategic cooperation with Codelco, resulting in the name change of the joint venture company SQM Salar to Nova Andino Litio SpA. This merger is executed according to the terms outlined in the partnership agreement signed on May 31, 2024, but is still subject to a suspensive condition pending a ruling from the Chilean Supreme Court regarding an appeal filed by Tianqi Lithium's wholly-owned subsidiary in Chile [1]. Group 1 - The strategic cooperation between SQM and Codelco has been finalized, leading to the establishment of a new entity named Nova Andino Litio SpA [1]. - The merger follows the partnership agreement signed on May 31, 2024, indicating a planned collaboration between the two companies [1]. - The completion of this merger is contingent upon a ruling from the Chilean Supreme Court regarding an appeal by Tianqi Lithium's subsidiary [1].