Jixiang Molybdenum to acquire 100% stake in Hunan Yongshan Lithium with RMB480 million
2022-01-07 14:56:01 [Print]
On January 6, Jinzhou Jixiang Molybdenum Co., Ltd. announced that it plans to acquire the 100% stake held by Ningbo Yongshan Lithium in Hunan Yongshan Lithium at a consideration of RMB480 million (USD75.29 million). The target company focuses on battery/industrial grade lithium carbonate and lithium hydroxide, two main raw materials used in producing cathode materials for power batteries and energy storage batteries.
Lithium Hydroxide Monohydrate LiOH 56.5%min Delivered China
Unit:RMB/mt
China lithium hydroxide monohydrate producers; sales to production ratio statistics by province by month
Unit: %
