StockMarketWire.com - Bacanora Minerals has entered into a strategic partnership with Hanwa Co, a leading Japan-based global trading company and one of the larger traders of battery chemicals in the Asian region.

Bacanora said the agreement comprised an initial 10% equity investment in the company and an off-take agreement for up to 100% of the battery grade lithium carbonate ('Li2CO3') produced at the Sonora lithium project

Bacanora said it was targeting to produce 17,500 tonnes of Li2CO3 per annum, commencing in 2019.

After two years of producing at this level, the company planned to lift production to 35,000 tonnes per annum.




At 9:34am: [LON:BCN] Bacanora Minerals Ltd Ord Npv di share price was +10.5p at 93.5p



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