Nio buys 12% stake in lithium mining company
Teslarati
SEPTEMBER 28, 2022
Additionally, Nio will receive a call option to buy between 20% and 40% of the issued capital of Andes Litio which holds the rights over the San Jorge Lithium Project. Greenwing plans to use 80% of the funds from Nio’s purchase for its San Jorge Lithium Project in Argentina. per share (Placement).
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