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Dec 15, 2020 07:28 AM (GMT+8) · EqualOcean
With the rapid development of new energy vehicle industry, more and more attention has been paid to the supply stability of lithium, nickel, cobalt and other metal resources in the upstream of power battery. Some domestic listed companies have invested heavily in purchasing and maintaining overseas high-quality mine resources. Luoyang molybdenum announced on December 13 that it would purchase 95% of the indirect interest of Freeport company in kisanfu copper cobalt ore in Congo (DRC) for a total price of US $550 million. Ganfeng lithium industry recently announced that the wholly-owned subsidiary Ganfeng international will provide financial assistance of no more than 100 million US dollars for the holding subsidiary minera Exar of Argentina to promote the development and construction of its lithium salt lake project.

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