Fox-ess Parent Company: TSINGSHAN Group News> Tsin
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Posted On: 10/26/2024 9:08:11 AM
Fox-ess Parent Company: TSINGSHAN Group News> Tsingshan Holding Group Co. Ltd., the Chinese mining giant, has unexpectedly sold its 49.9% stake in two Argentine lithium salt lake projects to French mining company Eramet for $699 million, shifting its focus to a joint nickel venture in Indonesia.
The deal represents a 12.9% premium over Tsingshan’s $619 million investment starting in 2021. The company didn’t disclose the reason for the sale.
https://www.caixinglobal.com/2024-10-25/tsing...49142.html
icymi
The deal represents a 12.9% premium over Tsingshan’s $619 million investment starting in 2021. The company didn’t disclose the reason for the sale.
Quote:
$80m Profit
https://www.caixinglobal.com/2024-10-25/tsing...49142.html
icymi
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