03
Jun
16:14
CNGR seeks new investments in Argentinian lithium: report
Chinese group CNGR Advanced Material is reportedly interested in buying major stakes in Argentinian brine deposits to build a supply chain outside of its home country.
The company produces materials for lithium batteries and has global clients such as Tesla, LG Chem, and Samsung SDI, Kallanish notes. It is now said to be seeking to boost its upstream lithium supply chain amid plans to expand its capacity in the US and Europe.
In September 2023 CNGR signed a deal …
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