As the demand for lithium based products continues to rise, fuelled to a large extent by the growth in the electric vehicle sector and the battery storage markets, I was delighted to be able to lead our team which acted for Ganfeng Lithium on its successful takeover offer for Bacanora Lithium plc, the shares in which are traded on AIM.  

Bacanora owns the Sonora Lithium Project, which is one of the largest lithium mines in the world, based on proven and probable reserves, and the acquisition by Ganfeng will help to secure the further funding required for the development of the mining operations.