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Bacanora adds new lithium project

The hitherto Mexico-focused lithium miner has taken a stake in a lithium exploration project in Germany
February 21, 2017

Shares in Bacanora Minerals (BCN) edged up 6 per cent after the prospective lithium miner announced it had taken a 50 per cent stake in a lithium exploration asset in southern Saxony, Germany.

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The Zinnwald project is being bought from SolarWorld, Europe's largest solar panel producer, and will be paid for through the completion of a feasibility study on the deposit resource, which could take up to two years.