Ganfeng Lithium to acquire overseas lithium salt assets at no more than USD962 million
2022-07-12 11:48:25 [Print]
Ganfeng Lithium announced on July 11th that the meeting of its board of directors reviewed and approved a plan, agreeing its wholly-owned subsidiary, Ganfeng International or the subsidiary's wholly-owned subsidiary, to acquire no more than 100% shares of Lithea with a total price of no more than USD962 million
. Lithea focuses on acquisition, exploration and development of lithium mining rights and its major asset, PPG project, is a lithium salt lake project located in Salta province in Argentina.