10
Feb
14:51
LITHIUM: China’s CATL pumps more money into Neo Lithium
China’s battery giant CATL is investing an additional CAD 2.6 million ($2.04m) in Canada-based Neo Lithium, acquiring 860,870 common shares in a non-brokered private placement, Kallanish reports.
Neo Lithium explains the investment will be allocated to further develop its 3Q Lithium project in Catamarca, Argentina, as well as working capital and general expenses. Through the capital injection, CATL will maintain its 8% equity ownership in Neo Lithium as per…
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Anonymous
Very good overview of the weekly steel market.
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