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Bacanora off-take deal 'a good transaction', says CEO Peter Secker

Peter Secker, chief executive at Bacanora Minerals Ltd (CVE: BCN)(LON:BCN), runs Proactive through their off-take deal and strategic partnership with Hanwa Co.

The leading Japan-based global trading company and one of the larger traders of battery chemicals in the Asian region has agreed to buy up to 100% of the battery grade lithium carbonate (Li2CO3) produced at Bacanora’s Sonora lithium project in Mexico.

Quick facts: Bacanora Lithium Ltd

Price: 34 GBX

AIM:BCN
Market: AIM
Market Cap: £45.72 m
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Bacanora Lithium advancing Sonora debt and equity financing

Peter Secker, chief executive of Bacanora Minerals Ltd (LON:BCN) caught up with Proactive's Andrew Scott to update on financing discussions for the Sonora lithium mine in Mexico. Secker says they're still on track to begin production in the first quarter of 2020 and is expecting...

on 13/4/18

2 min read