BASF withdrew from initial talks with Wealth Minerals Ltd, the Vancouver-based firm that has exploration projects in Chile, the German company said. — Reuters
FRANKFURT: German chemicals giant BASF SE has abandoned plans to invest in lithium mining assets in Chile as a slowdown in electric vehicle adoption worldwide drags down battery metal prices.
BASF withdrew from initial talks with Wealth Minerals Ltd, the Vancouver-based firm that has exploration projects in Chile, the German company said.
