Ganfeng invests $160mln to increase ownership in JV with Lithium Americas

By Martim Facada
Published: Monday, 01 April 2019

Ganfeng will invest $160 million to increase its ownership to 50% in a lithium joint venture with Lithium Americas.

China’s Jiangxi Ganfeng Lithium has agreed to invest $160 million to increase its ownership in the Cauchari-Olaroz lithium joint venture project with Lithium Americas by buying Minera Exar’s 141 million newly issued shares, the holding company for Cauchari-Olaroz lithium brine project in Northern Argentina said on Monday April 1. ...

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