0546 GMT - Tianqi Lithium Corp. is one of the most mentioned companies in the news over the past eight hours, according to Factiva data. A joint venture 51%-owned by the Chinese company and 49%-owned by Australia's IGO Ltd. agreed to pay 50 Australia cents a share for Australia's Essential Metals Ltd. to value the lithium miner at A$136 million (US$93.5 million). The deal, which has been backed by Essential's board, is subject to regulatory approval. Tianqi's shares were recently 2.8% higher, while Essential's shares closed 39% higher at A$0.48. Dow Jones & Co. owns Factiva. (jacques.vanwersch@dowjones.com)


(END) Dow Jones Newswires

01-09-23 0101ET