Neo Lithium receives increased investment from Chinese shareholder CATL

view Neo Lithium Corp Neo Lithium receives increased investment from Chinese shareholder CATL The company said CATL’s subscription for 860,870 shares will raise around C$2.62 million, allowing the investor to maintain its 8% stake in Neo Lithium The money will be used to fund development work at Neo Lithium’s 3Q Lithium project in Argentina Neo Lithium Corp ( CVE:NLC ) (OTCQX:NTTHF) (FRA:NE2) said Contemporary Amperex Technology Co Limited (CATL), a Chinese battery manufacturer and technology company that specializes in lithium-ion batteries for electric vehicles and energy storage systems as well as battery management systems, has said it intends to subscribe…