Reuters reported that Rockwood Holdings plans to focus on lithium for batteries and its proposed sale of its ceramics unit could raise as much as $1.7B.
As quoted in the market news:
The U.S. group will soon provide data on the unit, known as CeramTec, to prospective buyers, mainly large financial investors such as CVC CVC.UL, Bain, Advent, Permira PERM.UL and Blackstone (BX.N), the sources said on Tuesday.
|Nemaska Lithium Inc. (TSXV:NMX,OTCQX:NMKEF) has developed innovative methods of converting lithium sulfate into high purity lithium hydroxide and carbonate and intends to serve the growing lithium battery market with its lower cost, higher purity lithium hydroxide. Connect here and don't miss an update!|