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Chengxin Lithium: Its wholly-owned subsidiary, Shengtun Lithium Industry, intends to acquire a 13.93% equity stake in Huirong Mining held by Xiamen Chuangyi for cash consideration of RMB 1.26 billion. Upon completion of this transaction, the company will hold 100% of Huirong Mining. Huirong Mining holds the mining rights for the Murong Lithium Mine, which has confirmed Li2O resources of 989,600 tons and an average grade of 1.62%, making it one of the highest-grade lithium mines in the Sichuan region, with a production capacity of 3 million tons per year
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