"Ganfeng buys half of giant lithium clay project in Mexico," 1st February 2021.

Bacanora Lithium plc (LSE: BCN) announced on Monday that Ganfeng Lithium signed a new joint venture agreement in relation to its investment in the Sonora project in Mexico, following the exercise of its option to increase its stake in the project from 22.5% to 50%....

Ganfeng continues to integrate its flowsheet for battery-grade lithium production into the final engineering design and remains on schedule to deliver its final engineering packages to Bacanora during the first half of 2021, the miner said, adding that first production is expected in 2023... Baconara shares were up 6.3% on the LSE Monday afternoon. The company has a market capitalization of £127 million.