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Eramet takes full control of lithium project
Eramet reclaims full ownership of lithium operations in Argentina
French mining company Eramet has acquired Tsingshan Group's 49.9% stake in Eramine Sudamerica for $699m (€645.83m) to regain full ownership of its Argentinian subsidiary. Eramet’s Argentinian subsidiary is strategically positioning itself to fully control the development of the Centenario lithium project.
Eramet surges after buying remaining stake in Argentina lithium project
Eramet (OTCPK:ERMAF) (OTCPK:ERMAY) +8.2% in European trading Thursday after the French miner agreed to acquire full control of a lithium project in Argentina from Chinese partner Tsingshan Holding Group in a deal worth $699M.
Eramet Buys Out Tsingshan From Argentina Lithium Project
French miner Eramet SA will buy back Tsingshan Holding Group Co.’s stake in an Argentinian lithium project, marking a rare retreat for the Chinese conglomerate from an expansion beyond its core nickel business.
Eramet regains full ownership in its flagship Lithium business in Argentina
Paris, October 24th, 2024 - 7:00am PRESS RELEASE Eramet regains full ownership in its flagship Lithium business in Argentina Buy-out of Tsingshan’s interest (49.9%) in Eramet’s subsidiary hosting the world-class Centenario project,
Eramet Share Surge After Miner Buys Remaining Stake in Lithium Project
Eramet said it decided to retake full ownership to fully control the development of the resource, which currently has capacity to produce 24,000 lithium-carbonate equivalent a yea
1d
Argentina's lithium hunters scale back as EV shift slows
The Argentine salt flats in South America's "lithium triangle" have been one of the busiest sites for ventures racing to ...
5h
Lithium Miners News For The Month Of October 2024
The US government is reportedly examining price support mechanisms for domestic critical mineral projects. Explore more ...
1d
on MSN
Lithium Americas (Argentina) Corp. (NYSE:LAAC): Among The 10 Oversold Canadian Stocks to Buy Right Now
We recently compiled a list of the 10 Oversold Canadian Stocks to Buy Right Now. In this article, we are going to take a look ...
devdiscourse
1d
Lithium Market Turmoil: A Strategic Turning Point in Argentina
Amid an oversupply and weaker EV demand, the global lithium market, especially in Argentina, is facing challenges. Firms are ...
3d
Lithium Americas Argentina: Our Largest And Most Bullish Holding
Lithium Americas Argentina (LAAC) is undervalued but has strong growth potential with production expected to increase ...
16h
Patagonia Lithium Advances Exploration in Argentina and Brazil
Patagonia Lithium Limited (AU:PL3) has released an update. Patagonia Lithium Limited has reported promising lithium results from its wells in ...
Global Mining Review
11h
Rio Tinto and Fleet Space collaborate to advance exploration at Argentina project
Fleet Space Technologies has announced an ongoing collaboration with Rio Tinto to advance exploration at their Rincon Lithium ...
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