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News: NMT Ganfeng Lithium elects chairman, unit in deal to add stake in Australian firm

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    06/04/17
    19:50
    Post #: 23917131

    April 6 (Reuters) - Jiangxi Ganfeng Lithium Co Ltd 002460.SZ

    • Says board elects Li Liangbin as chairman, Wang Xiaoshen as vice chairman
    • Says board approves unit to buy up to 13.8 percent stake in Australia's Reed Industrial Minerals Pty Ltd (RIM) for up to $96.0 million from Neometals Ltd (NMT)
    • Says unit expects to own up to 56.9 percent stake in Reed Industrial Minerals after transaction

    Source text in Chinese: http://bit.ly/2nH0pHp; http://bit.ly/2oGHXDn

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