China Magnesium is pleased to advise that its wholly owned subsidiary, CMC Commodities Pte Ltd, has entered into a cooperation agreement with Qinghai Hengxinrong Lithium Technology Co., which is proposing to grant CMC priority offtake rights to batterygrade lithium carbonate. Qinghai, which is 51% owned by Shenzhen-listed Steyr Motors Co Ltd, owns
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