Ganfeng increases its stake to 51% in Argentina JV with Lithium Americas

By Carrie Shi
Published: Monday, 10 February 2020

China’s Ganfeng Lithium will pay $16 million to increase its stake to 51% in the Caucharí -Olaroz lithium project in northern Argentina, which is a joint venture with Lithium Americas.

Ganfeng Lithium has agreed to pay the $16 million to raise its ownership in the project by only 1%, by buying new shares from Minera Exar, the jointly owned holding company for the project, it said on Friday February 7.

Ganfeng’s purchase will reduce Lithium Americas’ share in Caucharí -Olaroz...

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