China Minmetals (000792.SZ) has announced its control of a provincial lithium company, aiming to expedite world-class lithium extraction from western China’s salt lakes. The new joint venture, China Salt Lake Group, will be majority-owned by China Minmetals with a 53% stake. This move will see… Read More »China Drives Lithium Expansion with New 10bn Yuan Venture
China Minmetals Corp. (CHM) has announced a strategic move to accelerate the development of a world-class lithium industry by leveraging resources from salt lakes in China’s western region. The central government-backed mining and trading conglomerate will assume a 53% control stake in a new joint… Read More »China Minmetals Pushes for Lithium Growth with New Venture
China Minmetals Corp (CHMM) will take control of a province-backed lithium company to advance development in China’s northwest. The company will hold a 53% stake in the newly formed China Salt Lake Group, taking over Qinghai Salt Lake Industry Co. This strategic move by China’s… Read More »China Minmetals Leads Lithium Development in Salt Lakes
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