CATL invests USD6.4 million in Neo Lithium for lithium mining project in Argentina


CATL will receive 10,217,502 common shares, representing 8% stake in Neo Lithium

Mainland Chinese battery maker Contemporary Amperex Technology (CATL) has invested CAD8.5 million (USD6.4 million) in Neo Lithium for its ‘3Q’ lithium mining project in Argentina, Neo Lithium announced in a press release on 14 September.

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