Roskill: Chinese companies step up their pursuit of lithium resources
Green Car Congress
MARCH 22, 2018
Nextview New Energy, underwritten by Tibet Summit Resources and Tajik-China Mining, has completed its previously announced acquisition of Lithium X Energy for approximately C$257 million (US$197 million), despite worries over the deal’s likelihood following reports by another Nextview target—Bacanora Minerals—over delays to an investment. Nextview takes control of the Sal de los Angeles lithium brine project in Argentina, containing over 2Mt LCE of resources.