Lithium Americas invests in lithium brine-focused Arena Minerals

Junior miner Lithium Americas has joined Chinese major Ganfeng Lithium in investing in Arena Minerals, an exploration-stage lithium brine company, it said on Monday July 12.

Lithium Americas has entered into an agreement to acquire about 12.9% of the issued and outstanding shares of Arena Minerals, worth $4.8 million, it said.
“We look forward to working with Arena Minerals and Ganfeng to support the pursuit of resource exploration opportunities in Argentina,” Jon Evans, president and chief executive officer of Lithium Americas, said in a press release.

Canada-based Arena Minerals, listed...


Sofia Okun

July 13, 2021

18:46 GMT