Bacanora Lithium's (LON:BCN) Peter Secker catches up with Proactive London's Katie Pilbeam about their latest US$65m financing with Ganfeng Lithium exercising its pre-emptive rights.
The chinese giant has increased its position to 28.8% meaning that it remains BCN’s largest shareholder.
Secker says the company is now 'fully financed and ready to develop the Sonora mine project in Mexico.
A busy two years of production ahead with the plan to sell 50% of product to China and the remainder to Japan.