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Bacanora Lithium Plc (LON:BCN – Get Free Report)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 67 ($0.85) and traded as low as GBX 67 ($0.85). Bacanora Lithium shares last traded at GBX 67 ($0.85), with a volume of […]
Ganfeng Lithium says that the Mexican government has upheld the cancellation of nine lithium mining concessions in Sonora.
This is the tangled story that brings the commitment to lithium undertaken by the so-called fourth transformation:
If the company were allowed to break ground on their new plan tomorrow, it could start investing 800 million dollars over the next 18 months, said Bacanora CEO Peter Secker
The Mexican government has notified the mining company that, since it has not invested the minimum amounts that were promised, the authorities will proceed to cancel nine of its concessions in the state of Sonora, which were meant to be valid until at least 2060