http://mnews.gw.com.cn/wap/html/tem...upmessage&isappinstalled=1&advTypeShare=(null
From Google Translation
Announced on April 28, 2017, the company's wholly-owned subsidiary, Gan Feng International's own funds to subscribe for Pilbara's new shares, the transaction amount of not more than 20 million US dollars, the transaction is completed, Gan Feng International will hold Pilbara not more than 5% stake and get the Pilgangoora lithium project part of the product underwriting rights. The first phase of the project is expected to be put into operation in June 2018, when the production of 160,000 tons / year of lithium concentrate to Ganfeng Liye; the lithium concentrate provided to Ganfeng Lithium will increase by 7.5 Million tons / year. Pilbara is a resource company in Australia and the Australian Stock Exchange is PLS.
Joe Lowry about PLS and Gangfeng, page-19
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