According to the announcement by Millennial Lithium Corp. on September 29, 2021 Beijing time, CATL has signed a formal acquisition agreement with the company for the overall acquisition of all its shares.
Headquartered in Canada, Millennial Lithium Corp. is a TSX Venture Exchange (TSX Venture Exchange) listed company. Its main business is the exploration and development of brine lithium extraction projects. Its main assets are located in Argentina, including the Pastos Grandes Salt Lake project in Salta Province and the Cauchari East Salt Lake project in Jujuy Province. These projects total about 4.12 million tons of lithium carbonate Equivalent resources.
As the Chinese legal consultant of CATL, Llinks has provided professional legal services for CATL with its rich experience in the field of cross-border mergers and acquisitions.
