08
Apr
09:56
LITHIUM: Chengxin to acquire ABY's pre-IPO shares
Shenzhen-listed company Chengxin Lithium (Chengxin) has announced that its wholly-owned second-tier subsidiary Chengyi Lithium International (Chengyi) plans to acquire 3.7 million pre-IPO shares of Abyssinian Metals (ABY), a battery metal company registered in Australia.
Chengxin says: "The purpose of this pre-IPO equity subscription is to lock the lithium concentrate underwriting rights of the Kenticha project and provide sufficient lithium resour…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous