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10 Aug
18:12

LITHIUM: Ganfeng invests in Core Lithium, secures new spodumene offtake contract

Chinese lithium giant Ganfeng Lithium is investing in Australia’s most advanced new lithium project and taking almost half of its future supply, Kallanish reports. Australia-listed Core Lithium signed an offtake agreement for the Finniss Lithium Project in the Northern Territory, linked to an equity investment of AUD 34 million ($24.9m) by Ganfeng. The transaction remains subject to Core shareholders’ approval, as well as clearance from Chinese author…
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