Nemaska, Orion in talks on lithium-streaming deal: Reuters
Canada’s Nemaska Lithium Inc is in talks with U.S. private equity firm Orion Mine Finance Group on a lithium streaming deal, sources told Reuters. Nemaska Lithium, which is developing a lithium mine and processing plant in Québec to meet growing demand for the material used in rechargeable batteries, said last week it was negotiating a US$150 million streaming deal. Orion may also provide debt financing. Separately, the company said this week Japan’s SoftBank Group Corp will buy a stake of up to 9.9 percent and invest up to $99.1 million via a private placement.
6 April 2018•2 mins read
