Tianqi Lithium sells over 99.02% of placement of shares
2017-12-27 17:30:11 [Print]
According to the announcement made by Tianqi Lithium on December 25 at night, by December 22, it has sold 147,696,201 shares by December 22, accounting for 99.02% of the total shares that could be sold and far more than the standard of 70% and the average level of about 96.7%.
The collected fund would be in place on December 26 and totaled about RMB1.63 billion, which will be used for the construction of battery grade lithium hydorxide monohydrate with a capacity of 24,000tpy in West Australia, Kwinana.
The collected fund would be in place on December 26 and totaled about RMB1.63 billion, which will be used for the construction of battery grade lithium hydorxide monohydrate with a capacity of 24,000tpy in West Australia, Kwinana.
Lithium Hydroxide Monohydrate LiOH 56.5%min, Magnets 0.0001%max Delivered China
Unit:RMB/mt
China lithium hydroxide monohydrate producers; inventory to production ratio statistics by province by month
Unit: %
