Zhejiang Kanglongda to acquire 100% property shares of Taian Xinchang
2022-06-27 13:44:07 [Print]
Zhejiang Kanglongda Special Protection Technology Co
. , Ltd . announced on June 24th that it and its wholly-owned subsidiary, Jinhao New Material, will acquire 100% property shares of Taian Xinchang at RMB95 million (USD14 . 20 million) . Zhejiang Kanglongda will indirectly hold rights and interests of a spodumene ore project located in Bougouni, Mali, Africa after the acquisition is completed, which will help the company ensure its supply of spodumene material.