{"id":233820,"date":"2021-10-21T18:13:36","date_gmt":"2021-10-21T10:13:36","guid":{"rendered":"https:\/\/charltonsnaturalresources.com\/?p=233820"},"modified":"2023-06-27T16:52:43","modified_gmt":"2023-06-27T08:52:43","slug":"zijin-mining-invests-in-lithium","status":"publish","type":"post","link":"https:\/\/charltonsnaturalresources.com\/zh-hans\/zijin-mining-invests-in-lithium\/","title":{"rendered":"Zijin Mining invests in lithium"},"content":{"rendered":"[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;CNR NEWSLETTER&#8221; module_class=&#8221;cnl-wrapper&#8221; _builder_version=&#8221;4.16&#8243; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row admin_label=&#8221;Header&#8221; module_class=&#8221;cnr-nl-header&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Header&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-header\">\r\n<div class=\"cnl-type\">NATURAL RESOURCES<\/div>\r\n<div class=\"cnl-issue\">News<\/div>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Logo&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Logo&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-logo\">\r\n<img decoding=\"async\" src=\"\/legal\/newsletters\/cnl_logo.jpg\" alt=\"Charltons Natural Resources\" \/>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Banner&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Banner&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-banner\">\n<div class=\"cnl-banner-image\"><img decoding=\"async\" src=\"\/legal\/news\/2021\/10\/zijin-mining-invests-in-lithium.jpg\" alt=\"Zijin Mining invests in lithium\" \/><\/div>\n<div class=\"cnl-title\" style=\"background-color:rgba(0,0,0,0.2)\">\n<div>\n<span>10 \u6708 2021<\/span>\n<h1>Zijin Mining invests in lithium<\/h1>\n\n<\/div>\n\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<p class=\"mt-40\" >Zijin Mining, one of China\u2019s largest gold and copper producers has acquired Neo Lithium Corporation for $770 million in a bid to carve out a stable supply chain for the future. This comes as the latest in a slew of Chinese companies investing heavily in new energy minerals. Earlier this year, Chinese battery producer Contemporary Amperex Technology Co Ltd (CATL) bought Canada\u2019s Millenial Lithium Corp for $297.3 million, outbidding Ganfeng Lithium for the acquisition. CATL holds an 8% stake in Neo Lithium Corp, having invested earlier this year. Though Neo Lithium Corp is not ready to produce lithium in acommercial capacity, the race to secure supply is well underway &#8211; lithium, alongside copper and nickel are critical materials needed for the development and production of electric vehicles, with the price of lithium carbonate in China at an all-time high. Bloomberg Intelligence analyst Christopher Perrella notes that of the five companies currently dominating the $4 billion global lithium market, two are Chinese-owned, and Perrella expects the trend of high lithium valuation and investment by Chinese companies to continue. <\/p>\n\n<p>Source: <a href=\"https:\/\/www.reuters.com\/article\/millennial-lithi-ma-catl-idUSL4N2QU467\" target=\"_blank\" rel=\"noopener\">https:\/\/www.reuters.com\/article\/millennial-lithi-ma-catl-idUSL4N2QU467<\/a> and <a href=\"https:\/\/www.mining.com\/web\/lithium-deal-shows-chinas-accelerating-race-for-battery-metals\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.mining.com\/web\/lithium-deal-shows-chinas-accelerating-race-for-battery-metals\/<\/a><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Button Navs&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;navs&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-bott-navs\">\r\n<div><span><\/span><a href=\"https:\/\/charltonsnaturalresources.com\/zh-hans\/price-of-steel-rapidly-increasing\/\" target=\"_self\">Price of steel rapidly increasing<\/a><\/div>\r\n<div><a href=\"https:\/\/charltonsnaturalresources.com\/zh-hans\/indonesias-solar-battery-power-plant\/\" target=\"_self\">Indonesia\u2019s solar-battery power plant<\/a><span><\/span><\/div>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Legal Advice&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Legal Advice&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-legal-advice\">\r\n<h3>This newsletter is for information purposes only.<\/h3>\r\n<p>Its contents do not constitute legal advice and it should not be regarded as a substitute for detailed advice in individual cases.\r\nTransmission of this information is not intended to create and receipt does not constitute a lawyer-client relationship between Charltons and the user or browser.\r\nCharltons is not responsible for any third party content which can be accessed through the website.<\/p>\r\n<p>If you do not wish to receive this newsletter please let us know by emailing us at <a href=\"mailto:unsubscribe@charltonslaw.com\">unsubscribe@charltonslaw.com<\/a><\/p>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row disabled_on=&#8221;on|on|on&#8221; 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