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