China’s NDRC approves Ganfeng’s majority stake in Argentina lithium project
Published: Wednesday, 24 June 2020
China’s Ganfeng Lithium has received regulatory approval from the country's National Development and Reform Commission (NDCR) to increase its stake in the Caucharí-Olaroz lithium project - a joint venture with Lithium Americas - in northern Argentina to 51%.
Ganfeng Lithium is awaiting other regulatory approvals from
the People’s Republic of China to finalize the
transaction, including from the Chinese Ministry of Commerce
and the State Administration of Foreign Exchange, Lithium
Americas said in a press release published on Tuesday June
In February, Ganfeng Lithium agreed...