13
Aug
15:52
LITHIUM: Changyuan Lico goes public
Hunan Changyuan Lico, a subsidiary of China Minmetals Corporation, successfully went public on the Shanghai Stock Exchange on 11 August, Kallanish reports.
The company raised CNY 2.725 billion ($421 million) through issuing 482m shares, which will be used for the first phase of its Lithium Battery Cathode Material Expansion Project and supplementary working capital.
Changyuan Lico expects to commission lithium battery ternary cathode material production lines wi…
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