US EditionChina Gains Land in Argentine Lithium with Project of 175 Million Dollars
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China Union Holdings agreed to purchase the Argentine subsidiary of Lithium Chile and will keep 80% of the Arizaro project, one of the most advanced lithium developments in the province.China Union Holdings reached an agreement with the Canadian Lithium Chile to acquire its Argentine subsidiary Argentum Lithium SA, owner of the Arizaro lithium project, located in the province of Salta. The operation involves a disbursement of 175 million dollars…
The Chinese presence in Argentine mining adds up to another space, this time in the lithium sector. Canadian Lithium Chile signed a final agreement to sell its local subsidiary Argentum Lithium to China Union Holdings, in a transaction valued at 175 million dollars in cash involving the Lithium Arizaro project, in the province of Salta. The agreement, announced from Calgary, not only involves a change of hands in one of the largest salt marshes …
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