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04 Jan
09:22

LITHIUM: Mexico approves Ganfeng’s Bacanora takeover

Mexican authorities have approved Ganfeng Lithium’s tender offer to fully acquire Bacanora Lithium, the London-listed company that owns the Sonora lithium project, Kallanish reports. Over 75% of Bacanora’s shareholders have already accepted the tender offer, and the tender offer process will remain open to Bacanora’s shareholders who have not accepted it until further notice. At present, Ganfeng International Trading (Shanghai Ganfeng) holds…
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