SD Lomon to set up joint venture on lithium resources deep processing project

On June 16, SD Lomon announced that its Board of Directors approved of the plan on setting up a joint venture with other three parties including CALB, Holy Ganzi and Meishan Industrial Investment.Asian Metal CopyrightOn June 16, SD Lomon announced that its Board of Directors approved of the plan on setting up a joint venture with other three parties including CALB, Holy Ganzi and Meishan Industrial Investment.Asian Metal Copyright The new company Sichuan Ganmei CALB New Energy Resources Co.Asian Metal CopyrightOn June 16, SD Lomon announced that its Board of Directors approved of the plan on setting up a joint venture with other three parties including CALB, Holy Ganzi and Meishan Industrial Investment.Asian Metal Copyright, Ltd.Asian Metal CopyrightOn June 16, SD Lomon announced that its Board of Directors approved of the plan on setting up a joint venture with other three parties including CALB, Holy Ganzi and Meishan Industrial Investment.Asian Metal Copyright will take charge of investment, construction and operation of a lithium resources deep-processing project to be located in Ganzi to cover businesses including local lithium ore exploration and mining, minerals trading and deep processing.Asian Metal Copyright .Asian Metal Copyright The JV will have a registration capital of RMB800 million (USD120 million), of which RMB160 million (USD24.Asian Metal Copyright .Asian Metal Copyright04 million) will be invested by SD Lomon, equivalent to a 20% stake in the JV.

.Asian Metal CopyrightOn June 16, SD Lomon announced that its Board of Directors approved of the plan on setting up a joint venture with other three parties including CALB, Holy Ganzi and Meishan Industrial InvestmentAsian Metal Copyright