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Home / Metal News / Jiangxi Ganfeng Lithium Signs Agreement with International Lithium for Ireland's Mine

Jiangxi Ganfeng Lithium Signs Agreement with International Lithium for Ireland's Mine

iconDec 10, 2013 11:53
Source:SMM
A subsidiary of Jiangxi Ganfeng Lithium Co. signed an agreement with Canada’s International Lithium Corp. to acquire no less than 51% interest in a lithium mine in Ireland’s Blackstair’s mountain.

SHANGHAI, Dec. 10 (SMM) – A wholly-owned subsidiary of Jiangxi Ganfeng Lithium Co. signed an agreement with Canada’s International Lithium Corp. to acquire no less than 51% interest in a lithium mine in Ireland’s Blackstair’s Mountain.

Jiangxi Ganfeng is currently running a due diligence process for exploration right of the lithium mine, the company told Shenzhen Stock Exchange today. It will set up a joint venture with International Lithium in due course, it added.

The Jiangxi province-based company recently received a subsidy of 8.4 million yuan ($1.4 million) from local government supporting its development.
 

Jiangxi Ganfeng Lithium Co.
International Lithium Corp.

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