Lithium Americas makes US$400M bid for Millennial Lithium

Lithium Americas has entered a bidding war for Argentina-focused Millennial Lithium with a US$400 million stock-and-cash offer. The bid comes a month after China’s Contemporary Amperex Technology Co Ltd. (CATL) agreed to purchase Millennial for C$377 million (US$303.8 million). “In proximity to Caucharí-Olaroz, Millennial’s 100%-owned Pastos Grandes lithium brine project represents an attractive regional growth opportunity for Lithium Americas,” said…

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