News: ESS Tianqi Lithium Terminates Plan Of Acquiring Essential Metals, page-7

100% agree. Perhaps what the article is referring to is that the scheme implementation agreement has been terminated.

This was almost a certainty following today and with MIN holding a 20% stake. A scheme was never going to go through.

Certainly doesn't mean that TLEA is walking away. If they are going to lodge another bid, it always made sense for it to be a takeover.

Bit of a misleading headline to the article, people will interpret that as TLEA giving up.