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12 Jul
16:31

LITHIUM: Sayona Mining raises funds for NAL purchase, new lithium hub

Australia-based Sayona Mining has raised AUS 45 million ($33.7m) from institutional and other investors to help fund its acquisition of North American Lithium and to develop its planned Abitibi lithium hub in Quebec. US-based Piedmont Lithium subscribed for AUS 8m. It is a partner with Sayona Mining in acquiring Canada-based North American Lithium and expanding Quebec lithium operations, Kallanish reports. Sayona Mining in total issued 600m shares at AUS 0.075 an…
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