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China firm increases Australia lithium investment

Fri, 05/18/2018 - 10:54 -- Xuan Zhong
China firm increases Australia lithium investment

One of China's largest lithium hydroxide and carbonate producers, Sichuan Yahua Industrial Group, is boosting its investment in Australian lithium producer Core Exploration.

Sichuan has used its Yahua International subsidiary to give Core Exploration $1.4 million as share placement – in addition to $2m cash it pumped into the firm last year.

 

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