Tom Daly
Stories by Tom Daly
Chinese battery maker CATL to acquire Canada’s Millennial Lithium
CATL supplies to carmakers Tesla Inc and Volkswagen AG.
China Strategic seeks to offload 1.4% stake in Evergrande vehicle unit
China Strategic said it would be willing to sell the shares at a 20% discount.
China’s Ganfeng Lithium outbid in battle for M&A target Millennial Lithium
Ganfeng announced in July it had agreed to buy all of Millennial for $280 million.
China’s Ganfeng to buy Millennial Lithium for up to $280m as price of the metal surges
Prices for lithium, a key ingredient in EV batteries, are up more than 65% this year in China.
China cyberspace administration says to remove 25 apps operated by Didi
The apps include those for Didi's delivery service, camera device, and financial services.
China’s Hanrui Cobalt applies for HK listing to fund expansion
Its application comes as prices for cobalt have risen over 40% this year amid demand from the EV sector.
China’s Tianqi Lithium inches nearer to Australian stake sale close
Heavily indebted Tianqi is pocketing $1.4 billion from the sale.
Swiss agrichem giant Syngenta starts ‘tutoring’ process with banks ahead of Shanghai IPO
China International Capital Corp, BOCI, and Citic Securities are involved in the process.
China’s Huayou, EVE Energy to invest $2.1b in Indonesia nickel project
Huayou will hold 20% of the Indonesian venture, tentatively called PT Huayu Nickel Cobalt.
China’s Shandong Yulong drops plan to acquire Australian gold miner
The move follows the recent changes in the international economy and macro environment.
