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Chinese battery giant buys discount stake in Pilbara Minerals

Cecilia Jamasmie | September 04, 2019 | 6:21 am Battery Metals Australia China Lithium 

China’s largest lithium battery maker has bought an 8.5% stake in Australian miner Pilbara Minerals (ASX:PLS), both companies said on Thursday, after falling prices caused mainly by oversupply drove the lithium producer to raise equity to fund working capital. The move...

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