A40 alita resources limited
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Chinese player swoops in on embattled WA lithium miner

  1. newB
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    29/11/19
    18:40
    Post #: 41717707
    disallowed/business/companies/chinese-player-swoops-in-on-embattled-wa-lithium-miner-20191129-p53fgc.html

    A Chinese company registered in the Cayman Islands has made a bid to buy up collapsed West Australian lithium miner Alita Resources.

    On Friday KordaMentha, the administrators appointed to the miner in August, announced China Hydrogen Energy Limited had entered into a binding $70 million loan facility agreement to scoop up the business.
    Last edited by newB: 29/11/19
    A40 Price at posting: 8.2¢ Sentiment: None Disclosure: Held
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