for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Company News

Nemaska Lithium seeks creditor protection amid industry supply woes

Dec 23 (Reuters) - Canada’s Nemaska Lithium Inc said on Monday it would seek protection from creditors in the latest sign of turbulence to hit the fast-growing industry beset by oversupply.

The company had been in talks with mine financier the Pallinghurst Group to secure a potential C$600 million equity investment but had yet to announce a deal.

Reporting by Jeff Lewis; editing by Nick Macfie

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up