BRIEF-Western Mining to acquire mining firm, lithium producer for 2.2 bln yuan

March 17 (Reuters) - Western Mining Co Ltd

* Says it plans to buy mining firm, lithium producer for a

combined 2.2 billion yuan ($318.75 million) via cash, share

issue

* Says it aims to raise up to 1.1 billion yuan in private

placement of shares to fund the acquisition

Source text in Chinese: http://bit.ly/2nh46Yi

Further company coverage:

($1 = 6.9020 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)