Latest Breaking News On - Sonora lithium - Page 8 : comparemela.com

  Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note that Bacanora Lithium (AIM: BCN) (the Company or Bacanora ) has commenced initial site activities at the Sonora Lithium Project (the Project ), located in Mexico. This milestone follows the Company s successful US$65 million fundraise last week, which, in combination with existing cash and the undrawn portions of its debt financing facility, will finance Bacanora s 50% share of the capital cost required for Stage 1 of the Project.    Bacanora is building the Project together with its partner, Ganfeng Lithium Co., Ltd. ( Ganfeng ), the world s largest lithium metals producer. Both parties are working towards a development timetable for Sonora, with scheduled production of battery grade lithium products in 2023.

United kingdomEl sauzPeter seckerKiran morzariaJon bellissKiran morzariab engJames joyceJames sinclair fordCadence mineralsBusiness schoolGanfeng lithium co ltdCompany or bacanoraNovum securities limited joint brokerCadence minerals plcCamborne school of minesCommunity engagement