Bacanora Lithium (BCN LN) has announced an update in relation to the Sonora project following the impact of the coronavirus. Given that BCN’s strategic partner, Ganfeng Lithium is primarily based in China the review process of project engineering has been delayed. As we had anticipated this delay now means that the review work is likely to be completed in Q3 2020, roughly a three month impact, however, with Ganfeng in line with many other industrial groups in China now resuming work and
23 Mar 2020
VSA Morning Miner
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VSA Morning Miner
- Published:
23 Mar 2020 -
Author:
Oliver O’Donnell -
Pages:
3
Bacanora Lithium (BCN LN) has announced an update in relation to the Sonora project following the impact of the coronavirus. Given that BCN’s strategic partner, Ganfeng Lithium is primarily based in China the review process of project engineering has been delayed. As we had anticipated this delay now means that the review work is likely to be completed in Q3 2020, roughly a three month impact, however, with Ganfeng in line with many other industrial groups in China now resuming work and