华友钴业关于收购Atlantic Lithium Limited股权及相关权利义务受让的重大进展公告

一、公告要点及交易概述

• 重大交易签署：浙江华友钴业股份有限公司（简称“华友钴业”或“公司”）及全资子公司华友（香港）有限公司，与Piedmont公司及其母公司Piedmont Lithium Inc.、大西洋锂业（Atlantic Lithium Limited）及其新加坡子公司IRRS公司、Charger公司、Moda公司签署《合同更替协议》，同意由华友钴业受让Piedmont公司在大西洋锂业新加坡子公司各合同项下的全部权利与义务。
• 交易内容：华友钴业及其香港子公司以7,090万美元承接Piedmont公司在与大西洋锂业及其新加坡子公司签订的加纳项目协议、股东协议、包销协议项下的全部权利与义务，主要包括获得新加坡子公司22.5%股权的权利、未来进一步认购新加坡子公司股权的权利、Ewoyaa锂矿项目不少于50%的产品包销权及其他项目开发相关义务。
• 潜在控股比例：如上述交易及华友钴业收购大西洋锂业100%股权交易均顺利交割，公司将透穿持有Ewoyaa锂矿项目87%的权益（最终比例根据交割情况确定）。
• 交易价格与资金来源：本次权利义务受让价格为7,090万美元，使用公司自有资金，全额一次性支付，付款时点为交割日后5个工作日内。
• 收购大西洋锂业100%股权：公司拟以2.1亿美元（不含资本利得税）收购大西洋锂业全部已发行和待发行股权，具体价款将以加纳税务局（GRA）核定的资本利得税为准。收购完成后，大西洋锂业将纳入公司合并报表范围。
• 审批流程：本次交易在公司总经办审批权限范围内，无需董事会及股东大会审议，不构成关联交易或重大资产重组。

二、交易对方及标的情况

• Piedmont公司情况：目前为Elevra Lithium Limited（ASX:ELV，NASDAQ:ELVR）的全资子公司，后者由Sayona Mining Limited与Piedmont Lithium Inc.于2025年8月合并而成。
• 新加坡子公司主要财务信息（截至2025年6月30日）：
  • IRRS公司：资产总额6,227万美元，负债总额6,244万美元，净资产-16.7万美元，年度净利润-3.7万美元。
  • Charger公司：资产总额361万美元，负债总额371万美元，净资产-10万美元，年度净利润-2.3万美元。
  • Moda公司：资产总额196万美元，负债总额206万美元，净资产-9.7万美元，年度净利润-2.1万美元。

  注：三家公司目前营业收入均为零，处于项目开发阶段。

三、交易结构及权益安排

• 交易标的：Piedmont公司及其母公司Piedmont Lithium Inc.在与大西洋锂业及其新加坡子公司签订的加纳项目协议、股东协议、包销协议的权利义务。
• 权益结构：本次合同更替及大西洋锂业收购完成后，华友钴业将穿透持有Ewoyaa锂矿项目87%的权益。剩余13%为加纳政府依法持有，尚未完成股权登记，22.5%为Piedmont尚未登记的股东权利。
• 定价依据与合理性：公司已聘请中介机构尽调，交易价格系在尽调结果基础上，结合行业形势、战略布局，经谈判协商确定，认为定价合理、公允。

四、协议主要条款

• 先决条件：需获加纳土地与自然资源部部长依据加纳《2006年矿产与采矿法》批准新缔约方成为Barari DV Ghana Limited的控制人。
• 交割前义务：各方在协议签署日至交割或终止期间，须正常合规运营，不得进行非常规重大事项（如证券发行、分红、章程修改、对外担保等），未经新方书面同意不得承诺相关事项。原方继续承担项目费用22.5%的支出（最高不超45万美元），新方交割后予以偿还。
• 权利义务转让：自交割日起，项目协议、股东协议、包销协议项下全部权利、义务、利益、负债无条件转让至新方。
• 对价支付：新方向原方支付7,090万美元，项目后续建设出资及其他义务履行方式和金额将根据实际情况确定。
• 其他条款：包括诉讼、保密、免责、或有费用、相互陈述与保证等常见商业协议条款。

五、对公司影响及风险提示

• 业务影响：本次交易是公司深化海外锂资源布局的重要举措，符合发展战略。短期对公司业绩影响有限，未来有望带来积极影响。
• 风险提示：
  • 本次交易尚需满足先决条件及审批，存在不确定性。
  • 锂价波动较大，若价格大幅下跌将影响项目收益。
  • 国际形势、法律法规、文化等差异带来整合风险，若整合不力将影响交易效果。
  • 国际地缘政治、汇率、贸易政策、经济制裁、当地法律政策变化均可能影响项目经营和实际权益比例。

六、投资者需关注的价格敏感事项

• 本次交易标志着公司“穿透式”控股全球优质锂矿资产，若顺利交割，公司将显著提升在全球锂资源领域的话语权和利润空间，属于公司战略性、具备长期成长性的布局。
• 交易涉及金额大（收购合计达2.8亿美元），且锂价波动直接影响项目收益，投资者需高度关注项目交割进度及锂价走势。
• 若交易未完成交割，公司最终权益比例可能下降，影响未来盈利预期。
• 本次公告为重大资产并购与资源收购进展，属价格敏感信息，可能对公司股价产生重要影响。

免责声明

本文由记者根据上市公司公告整理，内容仅供投资者参考，不构成任何投资建议。投资有风险，请审慎决策。公司所披露事项尚需相关审批和交割，实际结果存在不确定性，敬请投资者注意投资风险。

Translation (English)

Huayou Cobalt: Major Progress on Acquisition of Atlantic Lithium Limited and Related Rights & Obligations

1. Key Points & Transaction Overview

• Major Transaction Signed: Zhejiang Huayou Cobalt Co., Ltd. (the “Company”) and its wholly-owned subsidiary, Huayou (Hong Kong) Co., Ltd., have signed a Novation Deed with Piedmont Lithium and its parent, as well as Atlantic Lithium Limited and its Singapore subsidiaries, to acquire all of Piedmont’s rights and obligations under multiple Ghana project agreements, shareholders’ agreements and offtake agreements.
• Transaction Content: Huayou and its HK subsidiary will pay USD 70.9 million to take over all rights and obligations under those contracts, including: 22.5% equity in the Singapore subsidiaries, the right to further subscribe equity under certain conditions, at least 50% of Ewoyaa lithium project offtake rights, and other related project development duties.
• Potential Controlling Stake: If both this transaction and the 100% equity acquisition of Atlantic Lithium are completed, Huayou could control up to 87% of the Ewoyaa lithium project (final ratio subject to closing).
• Transaction Price & Funding: The USD 70.9 million will be paid in a lump sum from own funds, within 5 business days after closing.
• 100% Atlantic Lithium Acquisition: Huayou plans to acquire all issued and to-be-issued shares of Atlantic Lithium for USD 210 million (excl. capital gains tax), final price subject to Ghanaian tax authorities. After completion, Atlantic Lithium will be consolidated into Huayou’s statements.
• Approval Process: The transaction is within executive approval authority, doesn’t require board/shareholder approval, and is not a related party or major asset restructuring.

2. Counterparty & Target Details

• Piedmont Background: Currently a wholly-owned subsidiary of Elevra Lithium Limited (ASX:ELV, NASDAQ:ELVR), itself the result of an August 2025 merger between Sayona Mining Limited and Piedmont Lithium Inc.
• Financials of Singapore Subsidiaries (as of June 30, 2025):
  • IRRS: USD 62.3m assets, USD 62.4m liabilities, -USD 167k net assets, annual net loss of -USD 37k.
  • Charger: USD 3.6m assets, USD 3.7m liabilities, -USD 102k net assets, annual net loss of -USD 23k.
  • Moda: USD 2.0m assets, USD 2.1m liabilities, -USD 98k net assets, annual net loss of -USD 21k.

  Note: All three companies are pre-revenue, project development stage.

3. Deal Structure & Equity Arrangement

• Deal Subject: All rights/obligations under the Ghana project, shareholder, and offtake agreements held by Piedmont and its parent.
• Equity Structure: Upon closing, Huayou will “look-through” to hold up to 87% of Ewoyaa project equity. The remaining 13% is legally held by the Ghanaian government (pending registration), and 22.5% is Piedmont’s unregistered shareholder rights.
• Pricing Rationale: Price was determined after due diligence and negotiation, deemed fair and reasonable in current market and strategic context.

4. Key Contract Terms

• Conditions Precedent: Must obtain Ghana Minister of Lands and Natural Resources approval for new controlling party under the 2006 Minerals and Mining Act.
• Pre-Closing Obligations: All parties must maintain normal business, not undertake major actions (such as security issuance, dividends, AoA changes, guarantees, etc.) without written new party consent. Piedmont continues to bear 22.5% of project costs pre-closing (capped at USD 450k, to be reimbursed).
• Assignment: All rights, obligations, interests, and liabilities under the agreements are unconditionally transferred to Huayou at closing.
• Consideration: USD 70.9 million to be paid; further funding for construction/obligations to be based on future project needs.
• Other Clauses: Litigation, confidentiality, indemnity, contingent fees, warranties, and other standard commercial terms.

5. Corporate Impact & Risks

• Business Impact: This deal is an overseas lithium resource expansion milestone, aligning with company strategy. Minimal short-term impact, but potential for significant future contribution.
• Risks:
  • Transaction subject to conditions and approvals, with inherent uncertainty.
  • Lithium price volatility may directly impact future project returns.
  • Integration risks due to international, legal, and cultural differences; poor integration may impact expected synergies.
  • Geopolitics, FX, trade policies, sanctions, and local legal/policy changes could affect operations and equity ratio.

6. Price-Sensitive Matters for Investors

• This deal gives Huayou potential controlling access to a world-class lithium asset, greatly enhancing its global lithium position and long-term earnings prospects. If completed, this is a strategic, price-sensitive event.
• Total consideration is substantial (USD 280 million); project ROIs are sensitive to lithium price, so investors should closely monitor deal progress and commodity prices.
• Uncertainties remain if closing fails, which could reduce actual equity interest and future profit potential.
• This is a material M&A and resource acquisition event, and is price sensitive, likely to move the share price.

Disclaimer

This article is compiled by the reporter based on the company’s public disclosures and is for information only. It does not constitute investment advice. Investment involves risk—please exercise caution. The disclosed matters are subject to regulatory approvals and closing, and actual outcomes may differ.