December 23, 2019 / 5:39 PM / in 2 months

Nemaska Lithium seeks creditor protection amid industry supply woes

Dec 23 (Reuters) - Canada's Nemaska Lithium Inc said on Monday it would seek protection from creditors in the latest sign of turbulence to hit the fast-growing industry beset by oversupply.

The company had been in talks with mine financier the Pallinghurst Group to secure a potential C$600 million equity investment but had yet to announce a deal.

Reporting by Jeff Lewis; editing by Nick Macfie

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