https://newsletter.mw.creamermedia.com
PROJECT|Projects|Resources
PROJECT|Projects|Resources
project|projects|resources

Ganfeng Lithium plans to buy stake in Proyecto Pastos Grandes

5th March 2024

By: Reuters

  

Font size: - +

BEIJING - Ganfeng Lithium said on Tuesday it plans to buy a stake of at least 14.8% in a subsidiary of Lithium Americas Argentina, as China's leading lithium producer ramps up its efforts to secure resources.

Ganfeng Lithium will subscribe to up to $70-million worth of new shares in Proyecto Pastos Grandes (PGCO), with the proceeds to be used for the development of the Pastos Grandes lithium salt lake project in Argentina, the company said in a filing to the Shenzhen Stock Exchange.

The deal, pending regulatory approval, would give Ganfeng more access to resources in Argentina where it already owns the Cauchari-Olaroz lithium project and the Ganfeng Mariana Salt Lake Project.

Established in 2016, PGCO owns two lithium projects in Argentina - the Pastos Grandes lithium project and Cauchari East lithium project, according to Ganfeng.

Edited by Reuters

Comments

Showroom

Alcohol Breathalysers
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 
Avlock International
Avlock International

Avlock International is a leading manufacturer and distributor of Specialized Fastening Systems.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (14/03/2025)
14th March 2025 By: Martin Creamer
Magazine round up | 14 March 2025
Magazine round up | 14 March 2025
14th March 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.149 0.222s - 143pq - 2rq
Subscribe Now