LITHIUM
Mineral exploration and development company Oceana Lithium started trading on the ASX on Friday under the code OCN. The listing follows the successful and oversubscribed initial public offering (IPO) of Oceana, which raised A$6-million in new equity. This included a A$1-million cornerstone investment from large lithium hydroxide producer Yahua International Industrial Group, which is a major supplier to electric vehicle manufacturers Tesla, BYD Auto and Sinopec.
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