Nemaska sale and investor solicitation process to get under way

The sale and investor solicitation process for Canada’s Nemaska Lithium will get under way in late February, with a target of closing a transaction in mid-August, the company announced on Wednesday. Nemaska is restructuring under the supervision of the Superior Court of Quebec and PricewaterhouseCoopers, as monitor of its business and financial affairs, after the company entered creditor protection last month.