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    Hengtong Logistics announces investment to advance lithium exploration in Zimbabwe

    2023-08-18 11:26:32   [Print]
    China's Hengtong Logistics has agreed to subscribe for, through its wholly-owned subsidiary Hengtong New Energy Hong Kong, USD3 million worth of convertible bonds issued by Yu Heng Lithium Holding Limited.

    Under the agreement, Yu Heng Lithium will use USD2.7 million from the investment to advance the exploration of 16 lithium mineral deposits in Masvingo, Zimbabwe.

    Hengtong Logistics has set up a local unit in Zimbabwe to operate business.

    .Asian Metal CopyrightChina's Hengtong Logistics has agreed to subscribe for, through its wholly-owned subsidiary Hengtong New Energy Hong Kong, USD3 million worth of convertible bonds issued by Yu Heng Lithium Holding LimitedAsian Metal Copyright
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