January 17, 2017 / 12:23 PM / in a year

BRIEF-Jiangxi Ganfeng Lithium's units to invest in Canada firm, battery project

Jan 17 (Reuters) - Jiangxi Ganfeng Lithium Co Ltd

* Says Hong Kong unit’s capital will be boosted by $100 million to buy 19.9 percent stake in Lithium Americas Corp for $49 million

* Says unit plans to invest 503 million yuan ($73.41 million) in lithium battery project

Source text in Chinese: bit.ly/2j4nuSQ; bit.ly/2js9dTp; bit.ly/2k0nozQ

Further company coverage: ($1 = 6.8520 Chinese yuan renminbi) (Reporting by Beijing newsroom)

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