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.