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Chinas CATL will buy more than 10 million shares of Neo Lithium Corp. to become the companys third-largest shareholder, the latest in a string of investments by Chinese companies into South American lithium projects. The deal, announced on Monday, comes as demand for the electric vehicle battery metal is expected to triple over the next five years as automakers shift their focus away from internal combustion engines to EVs. Contemporary Amperex Technology Co., which supplies lithium iron phos...

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