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28 Nov
08:59

Yahua to acquire SSC Afrique, Indusmin Africa for lithium mines

Shenzhen-listed Sichuan Yahua Industrial Group plans to acquire 70% stakes of two wholly-owned subsidiaries of China Africa Industrial (Hong Kong) Limited in order to obtain the respective mining rights owned by the wholly-owned subsidiaries of the acquired companies.  If the actual lithium oxide storage is proven to be less than 150,000 tonnes, the seller should connect the buyer (Yahua) with other resourceful lithium mines. The underwriting rights of all th…
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