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Zhejiang Huayou Cobalt to acquire Africa-focused lithium development company Atlantic Lithium

On May 7, Atlantic Lithium Limited announced that it has entered a binding Scheme Implementation Deed with Zhejiang Huayou Cobalt Co., Limited. It is proposed that Huayou will acquire all the issued shares in Atlantic Lithium by way of an Australian scheme of arrangement for cash consideration of USD 210 million. The....

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