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Source: https://www.mining.com/web/ganfeng-joins-china-minmetals-lithium-salt-lake-project-for-225m/
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Ganfeng Lithium Co said on Monday it would pay 1.47 billion yuan ($225 million) to take a 49% stake in a lithium salt lake project operated by compatriot China Minmetals Corp in Qinghai.
The move will give Ganfeng, one of the world’s top producers of lithium chemicals used in electric vehicle (EV) batteries, its first salt lake asset in China, adding to interests it holds in Argentina.
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Ganfeng Lithium Co said on Monday it would pay 1.47 billion yuan ($225 million) to take a 49% stake in a lithium salt lake project operated by compatriot China Minmetals Corp in Qinghai.
The move will give Ganfeng, one of the world’s top producers of lithium chemicals used in electric vehicle (EV) batteries, its first salt lake asset in China, adding to interests it holds in Argentina.
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