Bacanora Lithium PLC's (LON:BCN) Peter Secker speaks to Proactive London's Andrew Scott following approval from the relevant Chinese authorities for Gangfeng Lithium Co Ltd to complete its strategic investment in the company.
Bacanora is now in receipt of £21.9mln of funds from Ganfeng, and Ganfeng in turn now holds a 29.99% equity interest in Bacanora Lithium PLC and a 22.5% direct stake in the Sonora lithium project.