https://www.channelnewsasia.com/business/zhejiang-huayou-cobalt-buy-zimbabwes-prospect-lithium-us422-million-2396161
Zhejiang Huayou Cobalt to buy Zimbabwe's Prospect Lithium for US$422 million
HARARE : China's Zhejiang Huayou Cobalt said on Wednesday it would buy Prospect Lithium Zimbabwe and its related creditor's rights for a combined US$422 million.Huayou Cobalt Executive Vice-chairman George Fang told Reuters in September that the company was seeking to invest in lithium mining and processing, as China's biggest cobalt refiner strives to expand its production of minerals for the electric vehicle (EV) market.Although Fang did not disclose targeted assets, he said Huayou Cobalt was looking at lithium opportunities, along with its partners, in Africa, Australia, South America and China's western region Tibet.Zimbabwe is desperate to attract investors into its mining sector, which it says will drive the recovery of its stricken economy. It has opened its doors to Chinese firms, which now operate several chrome, coal and gold mines.(Writing by MacDonald Dzirutwe; editing by Jason Neely)Source: Reuters
- Forums
- ASX - By Stock
- PSC
- News: PSC Zhejiang Huayou Cobalt's Unit To Buy Prospect Lithium Zimbabwe, Related Creditor's Rights
News: PSC Zhejiang Huayou Cobalt's Unit To Buy Prospect Lithium Zimbabwe, Related Creditor's Rights, page-17
-
-
- There are more pages in this discussion • 97 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PSC (ASX) to my watchlist
|
|||||
Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $54.34M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.0¢ | $227.9K | 2.107M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 247087 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 67347 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 247087 | 0.100 |
1 | 12400 | 0.097 |
1 | 31260 | 0.096 |
1 | 5200 | 0.095 |
2 | 55000 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 67347 | 1 |
0.110 | 155800 | 2 |
0.130 | 74433 | 2 |
0.135 | 24000 | 1 |
0.140 | 116046 | 4 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
PSC (ASX) Chart |