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27 Apr
12:22

Xinan takes 20% of Zijin Liyuan for LFP expansion

Shanghai-listed chemical manufacturing company Zhejiang Xinan Chemical Industrial Group (Xinan) recently announced that it will purchase a 20% stake in Fujian Zijin Liyuan Material Technology (Zijin Liyuan), a wholly-owned subsidiary of the Shenzhen-listed mining giant Zijin Mining Group.  According to the announcement released on 23 April via the Shanghai Stock Exchange, Xinan will make the CNY 75.57 million ($11.54m) investment in the form of a capital incr…
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