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23 Sep
11:06

LITHIUM: ILC divests share in Argentina`s Mariana project

Canada's International Lithium (ILC) says that it has agreed to sell to Ganfeng Lithium its 8.58% remaining stake in their joint venture Litio Minera Argentina (LMA). The company owns the Salar de Mariana project in Argentina. Through its subsidiary, Ganfeng Lithium Netherlands, the buyer has also acquired ILC rights over a further additional 10% ownership. "Foremost in this decision was the awareness that Ganfeng intended to invest $575 million in the M…
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