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: In May 2024, Ganfeng and Bacanora initiated ICSID arbitration against Mexico, seeking either the return of the properties or significant damages.
While the corporate takeover was successful, the project has faced significant geopolitical hurdles: Bacanora Lithium accepts Ganfeng’s $391 million...
: Initial plans aimed for an open-pit operation producing 35,000 tonnes per annum of battery-grade lithium carbonate. : In May 2024, Ganfeng and Bacanora initiated
: The total value represented a 63% premium to Bacanora’s share price prior to the initial offer in May 2021. : In May 2024
: The project holds an estimated 8.8 million tonnes of lithium carbonate equivalent (LCE).