Millennial, CATL enter into definitive arrangement agreement

Canadian lithium miner Millennial Lithium Corp has entered into a definitive arrangement agreement with Chinese battery maker Contemporary Amperex Technology’s (CATL), the former said on Tuesday September 28.

Under the terms of the deal, CATL will acquire all outstanding shares of Millennial for some C$377 million ($296.5 million), it said. Millennial said it had terminated its arrangement agreement with...

Published

Zihao Li

September 30, 2021

06:15 GMT

Shanghai