CATL Defeated by Rival in Millennium Lithium Acquisition
On Wednesday, Lithium Americas Corp announced its acquisition of Vancouver-headquarted Millennium Lithium for $400 million. This price is about 34% higher than the $299 million offer from Contemporary Amperex Technology Co., Limited (CATL) and nearly 43% higher than that of Ganfeng Lithium (GFL). In addition, American Lithium Industry w…