A unit of Jiangte plc plans to buy 57 million shares in publicly - listed lithium miner , plc , for £1 m ( $ 15 billion ) as it aims to ensure lithium concentrate quality for a company in which it owns 50 % . Jiangte will own 11.45 % of Tawana after the transaction .
A unit of Jiangte Motor plans to buy 57 million shares in Australia-listed lithium miner, Tawana, for AUD20m ($15m) as it seeks to ensure lithium concentrate supply for a company in which it owns 50%. Jiangte will own 11.45% of Tawana after the transaction.