NMT 2.27% 8.6¢ neometals ltd

13.8% full takeover

  1. 93 Posts.
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    http://www.globaltimes.cn/content/1061637.shtml

    Chinese raw materials firms look to Australian and African mines for expansion opportunities

    To solve the problem of raw material shortages, Jiangxi Ganfeng Lithium Co is also investing in lithium mines overseas. As of now, its wholly owned subsidiary GFL  Co International owns a 43.1 percent stake in Australian mining company RIM, and is aiming to purchase another 13.8 percent of it.

    According to the above Chinese article dated yesterday  JGF  now wants the remaining 13.8% off NMT.
 
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