Zijin Mining to Acquire World-class High-grade Lithium Brine Project in RMB 5bn Deal
Zijin News - On October 10, Zijin Mining announced that it will acquire all of the outstanding shares of Canada-based Neo Lithium Corp for C$960 million (RMB 4.94 billion), at a price of C$6.5 per share in cash. Situated in the “Lithium Triangle” in northwestern Argentina, the Tres Quebradas Salar lithium project, also known as the 3Q project, is the primary asset of Neo Lithium. In terms of resou...