31
Jul
10:07
Ganfeng Lithium to acquire 70% of Mengjin Mining
Shenzhen-listed Ganfeng Lithium plans to acquire a 70% stake in Bordered Yellow Banner Mengjin Mining (Mengjin Mining) with about CNY 1.42 billion ($198.6 million) to secure the raw materials and resources for its production expansion, Kallanish reports.
The Chinese lithium giant’s board announced in a stock exchange filing that its chairman Li Liangbin will sell the 70% stake he owns in Mengjin Mining to Ganfeng. Despite the deal constituting a relate…
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Anonymous
Very good overview of the weekly steel market.
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