Report

Millennial Lithium Spotlight Research - All-cash takeover offer

-Millennial Lithium owns and develops Pastos Grandes project, which is one of the most advanced lithium projects in the world
-In April 2021 the company reported the first production of lithium carbonate of Battery Grade purity at Pastos Grandes pilot plant
-In September Millennial Lithium entered into a definitive arrangement agreement with Contemporary Amperex Technology, which made an all-cash offer of CAD 377 mn (CAD 3.85/sh)
Underlying
Millennial Precious Metals Corp.

Provider
Raiffeisen Bank International AG - Institutional Equity
Raiffeisen Bank International AG - Institutional Equity

The Institutional Equity Research team of Raiffeisen Bank International AG covers 85 stocks from Austria, Central & Eastern Europe with sell-side research and thus levers our local broker status with excellent company relationships. For corporates in Austria, CEE and Western Europe, we offer co-sponsored research, which includes research coverage and marketing activities to investors. Additionally, through our Spotlight Research product we also shed light on leading European small and micro-caps, seeking greater visibility with investors.

The Institutional Equity Research team consists of roughly 15 analysts, both in Vienna and the CEE countries. Our analysts provide long-standing sector expertise in tandem with profound local market know how and a sectoral approach across the entire region.

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