• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
Up to eight bids for Nemaska Lithium

Up to eight bids for Nemaska Lithium

June 13, 2020
Coronavirus quarantine: what is the Great Barrington Declaration, the anti-lockdown movement that thousands of scientists joined

Coronavirus quarantine: what is the Great Barrington Declaration, the anti-lockdown movement that thousands of scientists joined

October 7, 2020
Summer 2021: news about the protocols on the Argentine coast

Summer 2021: news about the protocols on the Argentine coast

October 7, 2020
Eduardo Constantini: “The economic model is exhausted”

Eduardo Constantini: “The economic model is exhausted”

October 7, 2020
The unstoppable blue dollar: keeps rising and setting records

The unstoppable blue dollar: keeps rising and setting records

October 7, 2020
Industrial activity and construction fell: they are not recovering

Industrial activity and construction fell: they are not recovering

October 7, 2020
INDEC highlights the positive data from the wine industry, but …

INDEC highlights the positive data from the wine industry, but …

October 7, 2020
Alberto Fernández: “We have a future projection that we did not have before”

Alberto Fernández: “We have a future projection that we did not have before”

October 7, 2020
A Moyano returns and seeks to build in a key district of Buenos Aires

A Moyano returns and seeks to build in a key district of Buenos Aires

October 7, 2020
Vote: do you approve the change of slogan of the province of Mendoza?

Vote: do you approve the change of slogan of the province of Mendoza?

October 7, 2020
A from Mendoza unleashed the strongest reaction of Cafiero

A from Mendoza unleashed the strongest reaction of Cafiero

October 7, 2020
Health and security personnel charge the half bonus

Health and security personnel charge the half bonus

October 7, 2020
Germany and France denounce Russia for the Navalny case and ask for sanctions

Germany and France denounce Russia for the Navalny case and ask for sanctions

October 7, 2020
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, January 25, 2021
  • Login
The Koz Times
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • News
    • All
    • Politics
    Summer 2021: news about the protocols on the Argentine coast

    Summer 2021: news about the protocols on the Argentine coast

    Learn about wines in four classes: how cool! Look at the agenda!

    Learn about wines in four classes: how cool! Look at the agenda!

    The beautiful lagoon at the End of the World that you should visit

    The beautiful lagoon at the End of the World that you should visit

    These six Mendoza wineries shipped 16,800 bottles of wines to the United States

    These six Mendoza wineries shipped 16,800 bottles of wines to the United States

    Six Mendoza wineries shipped 16,800 bottles of wines to the United States

    Six Mendoza wineries shipped 16,800 bottles of wines to the United States

    Exciting video of the progress at the “El Azufre” ski center

    Exciting video of the progress at the “El Azufre” ski center

    New York: 14-day quarantine for Argentines

    New York: 14-day quarantine for Argentines

    Rat children of the gamer world, what are they and how to combat them?

    The extroverted idiot

    Having sex to get the urge with your ex, myth or reality?

    Trending Tags

    • Donald Trump
    • Future of News
    • Climate Change
    • Market Stories
    • Election Results
    • Flat Earth
  • Tech
    • All
    • Apps
    • Gear
    • Mobile
    • Startup

    Rap group call out publication for using their image in place of ‘gang’

    Meet the woman who’s making consumer boycotts great again

    New campaign wants you to raise funds for abuse victims by ditching the razor

    Twitter tweaks video again, adding view counts for some users

    A beginner’s guide to the legendary Tim Tam biscuit, now available in America

    India is bringing free Wi-Fi to more than 1,000 villages this year

    Betterment moves beyond robo-advising with human financial planners

    People are handing out badges at Tube stations to tackle loneliness

    Trump’s H-1B Visa Bill spooks India’s IT companies

    Oil spill off India’s southern coast leaves fisherman stranded, marine life impacted

    Trending Tags

    • Flat Earth
    • Sillicon Valley
    • Mr. Robot
    • MotoGP 2017
    • Golden Globes
    • Future of News
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports

    Meet the woman who’s making consumer boycotts great again

    New campaign wants you to raise funds for abuse victims by ditching the razor

    Twitter tweaks video again, adding view counts for some users

    A beginner’s guide to the legendary Tim Tam biscuit, now available in America

    People are handing out badges at Tube stations to tackle loneliness

    Trump’s H-1B Visa Bill spooks India’s IT companies

    Magical fish basically has the power to conjure its own Patronus

    This Filipino guy channels his inner Miss Universe by strutting in six-inch heels and speedos

    Oil spill off India’s southern coast leaves fisherman stranded, marine life impacted

    You can now play Bill Gates’ first PC game and run over donkeys on your iPhone, Apple Watch

  • Lifestyle
    • All
    • Fashion
    • Travel

    Rap group call out publication for using their image in place of ‘gang’

    Twitter tweaks video again, adding view counts for some users

    People are handing out badges at Tube stations to tackle loneliness

    Trump’s H-1B Visa Bill spooks India’s IT companies

    This Filipino guy channels his inner Miss Universe by strutting in six-inch heels and speedos

    ‘Idol’ contestant besieged by pro-Trump Twitter users because of his name

    Everyone stop everything: Beyonce just announced that she’s pregnant with twins

    Instagram is testing photo albums, because nothing is sacred anymore

    7 February games you should get excited about

    Using a mind reading device, ‘locked-in’ patients told researchers they’re happy

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
No Result
View All Result
The Koz Times
No Result
View All Result
ADVERTISEMENT
Home Business

Up to eight bids for Nemaska Lithium

by magictr
June 13, 2020
in Business
0
Up to eight bids for Nemaska Lithium
503
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT

Jusqu’à huit offres d’achat pour Nemaska Lithium

Photo: Nemaska
The company is seeking $ 1.1 billion in the aim of being able to transform, in an electrochemical manufacturing facility in Shawinigan, ore spodumene extracted from the mine Whabouchi in lithium salts that have added value.

Nemaska Lithium, which is placed to protect itself from its creditors since the 23rd of December, could receive up to eight proposals for the part of a buyer or investor to restart its activities.

ADVERTISEMENT

This is the number of bidders who had qualified as of the date of 10 June, according to the latest report of the controller and the folder PricewaterhouseCooper, in which it is stated that 13 letters of intent had been received. No name has been disclosed. “The debtors and the financial advisors working with qualified bidders will be […] to ensure that they are able to make an offer before the June 30 deadline “, is it stated in the document.

Nemaska, who got $ 130 million from the quebec government in the framework of its mounting financial initial, did not want to comment on the process Friday.

The company is seeking $ 1.1 billion in the aim of being able to transform, in an electrochemical manufacturing facility in Shawinigan, ore spodumene extracted from the mine Whabouchi in lithium salts that have added value. These would then be sold to manufacturers of materials for cathodes for rechargeable lithium-ion battery.

Initially estimated at 875 million, the invoice of the project had jumped to $ 1.4 billion due to cost overruns, proved to be last year. A potential investment of $ 600 million of the firm’s london-based Group Pallinghurst has been considered, but it has decided, at the end of December, not to extend the window exclusive of the discussions.

The title of Nemaska Lithium has been removed from the TSX venture Exchange in February. Investissement Québec, the financial arm of the State of quebec, was at this time the largest shareholder with a stake of around 13 %.

For the Grouping of the shareholders of Nemaska, which claims to represent 1,700 people holding 130 million of shares and which attempts to ensure that security holders do not lose their bet in the event of a buyback and the privatization of the company, the number of qualified bidders is encouraging. “It can raise the bids, explained the president of the board of directors, Alain Clavet. There is hope that the outcome [of the process] will be followed by a merger in which shareholders might obtain money or shares of the new company. “

The grouping is, however, well aware that they are the holders of the debt Nemaska Lithium and its other creditors who will have priority in the framework of the ongoing process.

To see the video

Share Button
Share201Tweet126Share50
magictr

magictr

RelatedPosts

Eduardo Constantini: “The economic model is exhausted”

Eduardo Constantini: “The economic model is exhausted”

by magictr
October 7, 2020
0

The businessman in an interview with LA NACIÓN expressed his opinion on the situation in Argentina and added that "the...

The unstoppable blue dollar: keeps rising and setting records

The unstoppable blue dollar: keeps rising and setting records

by magictr
October 7, 2020
0

The parallel price of the North American currency rose again, three pesos compared to yesterday, and closed the day at...

Industrial activity and construction fell: they are not recovering

Industrial activity and construction fell: they are not recovering

by magictr
October 7, 2020
0

Industrial activity fell 7.1% in August compared to the same month last year, and fell 0.9% compared to July 2020,...

INDEC highlights the positive data from the wine industry, but …

INDEC highlights the positive data from the wine industry, but …

by magictr
October 7, 2020
0

Faced with a scenario of a general decline in industrial activity in 2002, the latest INDEC report highlights the good...

  • Trending
  • Comments
  • Latest
Ash: This man is it a monster ? *** 1/2

Ash: This man is it a monster ? *** 1/2

July 24, 2020
The car Lynnewood leaves Amqui to Pennsylvania

The car Lynnewood leaves Amqui to Pennsylvania

July 15, 2020
Hard video: They recorded for TikTok and a 21-year-old girl ended up dead

Hard video: They recorded for TikTok and a 21-year-old girl ended up dead

October 6, 2020
Coronavirus quarantine: what is the Great Barrington Declaration, the anti-lockdown movement that thousands of scientists joined

Coronavirus quarantine: what is the Great Barrington Declaration, the anti-lockdown movement that thousands of scientists joined

0
Marat Safin: in our sport looks a lot smeshnovato

Marat Safin: in our sport looks a lot smeshnovato

0
The rise and care of Mary. As Sharapova completed a career

The rise and care of Mary. As Sharapova completed a career

0
Coronavirus quarantine: what is the Great Barrington Declaration, the anti-lockdown movement that thousands of scientists joined

Coronavirus quarantine: what is the Great Barrington Declaration, the anti-lockdown movement that thousands of scientists joined

October 7, 2020
Summer 2021: news about the protocols on the Argentine coast

Summer 2021: news about the protocols on the Argentine coast

October 7, 2020
Eduardo Constantini: “The economic model is exhausted”

Eduardo Constantini: “The economic model is exhausted”

October 7, 2020
The Koz Times

Copyright © 2017 JNews.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • News
    • Politics
    • Business
    • World
    • Science
  • Entertainment
    • Gaming
    • Music
    • Movie
    • Sports
  • Tech
    • Apps
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Food
    • Fashion
    • Health
    • Travel

Copyright © 2017 JNews.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In