BRIEF-Dazhong Mining To Invest In Lithium Salt Project With Wanhua Chemical's Unit
Reuters03-23 19:37
BRIEF-Dazhong Mining To Invest In Lithium Salt Project With Wanhua Chemical's Unit
March 23 (Reuters) - Dazhong Mining Co Ltd 001203.SZ:
SAYS IT PLANS TO INVEST IN LITHIUM SALT PROJECT WITH WANHUA CHEMICAL GROUP CO LTD'S UNIT
SAYS TOTAL INVESTMENT FOR FIRST TWO PHASES OF THE PROJECT TO REACH 2.2 BILLION YUAN ($319.05 million)
SAYS TO SET UP JV WITH REGISTERED CAPITAL OF 300 MILLION YUAN WITH WANHUA CHEMICAL'S UNIT FOR FIRST PHASE OF THE PROJECT
Source text
Further company coverage: 001203.SZ
($1 = 6.8955 Chinese yuan renminbi)
(Reporting by Beijing Newsroom)
((Ethan.Wang@thomsonreuters.com;))
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