Australia’s IGO to take 25% of Greenbushes lithium mine and 49% in Li processing plant; $1.4B deal

Green Car Congress
By mmillikinDec 12, 2020, 4:00 am276 pts
Australian mining company IGO will acquire a 24.99% stake in the Greenbushes hard-rock lithium mine and a 49% share of the Kwinana lithium hydroxide plant—both in Western Australia—from China-based Tianqi Lithium for US$1.4 billion. The deal will be funded through a combination of debt, IGO’s existing…

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