Hualian Holdings (000036.SZ) plans to acquire 100% equity interest in Argentum for approximately 175 million U.S. dollars, adding overseas lithium brine mineral assets.

CapitalWeek APP news, China United Holding (000036.SZ) announced that the company plans to acquire 100% of the shares of Argentum Lithium S.A. held by Lithium Chile Inc. and Steve William Cochrane for approximately 175 million US dollars (equivalent to 1.235 billion RMB) with its own or self-raised funds, thereby obtaining an 80% stake in the Arizaro project in this transaction. On the same day, the company signed a Share Purchase Agreement with the counterpart.