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Huayou Cobalt intends to acquire overseas lithium mining companies

 Last Update: 2022-01-08
 Source: Internet
 Author: User

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Sinochem News.
com News on December 22, Huayou Cobalt issued an announcement stating that the company intends to acquire 100% equity of Zimbabwe Prospect Lithium Mining Company through its subsidiary Huayou International Mining at a price of 422 million U.
S.
dollars
.

Huayou Cobalt said that the acquisition of Zimbabwe Prospect Lithium Mining Company's equity is an important measure for the company to broaden its business layout, build an integrated industrial chain of lithium batteries and new energy materials, enhance the self-supply capacity of resources, and enhance the company’s comprehensive competitiveness.

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