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Welcome to the Crazy World of China's Lithium Mine Auctions

(Bloomberg) Welcome to the world of China’s lithium auctions, where vast numbers of bids are placed, firms end up spending over a thousand times the opening price, and buyers promising hundreds of millions of dollars have walked without paying.Most Read from BloombergLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticApple’s iPhone 15 Debut Includes Higher Price on Top ModelBP CEO Looney Quits Over Past Relationships With ColleaguesAT&T, T-Mobile Offer Free iPhone 15 in Lure for ....

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Welcome to the crazy world of China's lithium mine auctions | Annie Lee

Welcome to the world of China’s lithium auctions, where vast numbers of bids are placed, firms end up spending over a thousand times the opening price, and buyers promising hundreds of millions of dollars have walked without paying. China is the biggest producer of electric vehicles and lithium is a… ....

Susan Zou , Dennis Ip , Xinjiang Zhite New Materials Co , Sichuan Energy Industry Investment Group , Mongolia Dazhong Mining Co , Rystad Energy , Ganfeng Lithium Group Co , Inner Mongolia Dazhong Mining , Capital Market , Ganfeng Lithium Group , Xinjiang Zhite New Materials ,

Lithium exploration auctions in China's Sichuan attract strong interest, ET Auto

Lithium Exploration Auctions: An auction for five-year exploration rights to the Jiada Lithium Mine in Maerkang city that started last Thursday received 11,307 bids and concluded at 4.2 billion yuan (USD 579 million) on Sunday, 1,317 times higher than the starting price of 3.19 million yuan, according to auction data from the Sichuan Public Resources Trading Center. ....

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Two Lithium Mines in China's Sichuan Sell for Bumper Prices

Two Lithium Mines in China's Sichuan Sell for Bumper Prices
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Tom Litting , Jincheng Tongda Neal , Wu Yonggao , Sichuan Energy Investment , Sichuan Energy Investment Holding , Anhui Dazhong New Energy Investment , Dazhong New Energy Investment , Inner Mongolia Dazhong Mining , Dazhong Mining , Geochemistry Exploration Team , Sichuan Bureau , Mineral Resources , Energy Investment Holding , Jincheng Tongda , Guosen Securities , Lithium Mines ,