6, Huayou Cobalt announced that the company and Atlantic Lithium Limited (hereinafter referred to as "Atlantic Lithium") signed the "Scheme Implementation Contract" and related agreement annexes, intending to acquire 100% of the shares issued and to be issued by Atlantic Lithium. The consideration for the
acquisition of 100% equity interest in Atlantic Lithium is US $210 million (equivalent to RMB1.429 billion).
It is reported that Atlantic Lithium is a lithium company listed on the London, Australian and Ghana Stock Exchanges, headquartered in Australia, mainly engaged in lithium exploration and development in the African market, and its core assets are the Ewoyaa lithium project in Ghana.
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