Chinese mining giant Ganfeng Lithium is to take full ownership of an Irish mining project after its Canadian partner sold its stake. Vancouver-headquartered International Lithium Corp (ILC) has outlined plans to dispose of its stake in the Avalonia project, spread across Wicklow and Carlow, after no regulatory issues were raised in Canada. ILC owned 45 per cent of the project while Ganfeng owned 55 per cent. The Chinese company carries out lithium mining and battery production and has a market cap of about €7 billion. Last year, ILC, which carries out lithium, copper and rare metals exploration primarily in Canada,…

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