Ganfeng gabusi lithium mine energy storage

Where is ganfeng lithium located?

Ganfeng Lithium announced the launch of the first phase of its Goulamina lithium mine in southern Bougouni in mid-December, according to a Chinese online news outlet. The project plans to produce 506,000 tons annually, doubling to 1 million tonnes in phase two.

What products does Ganfeng manufacture?

Ganfeng's principal products are lithium chloride, lithium fluoride, lithium carbonate, lithium hydroxide, lithium magnesium alloy, butyl lithium, butyl chloride, catalyst metal lithium, battery metal lithium, and other products (including some lithium batteries).

What are Ganfeng's plans for lithium production?

Ganfeng Lithium aims to grow their lithium production capacity to 600,000 tpa LCE by investing in two projects that will make 'new-type' lithium batteries in China. This would almost double the total lithium produced globally in 2019.

How much will China's ganfeng lithium invest in battery production?

Ganfeng Lithium, the world's biggest lithium company by market capitalisation, said on Thursday its subsidiary would invest a total 8.4 billion yuan ($1.3 billion) in two projects that will make 'new-type' lithium batteries.

When will Ganfeng's new lithium battery projects start?

Ganfeng plans to invest US$1.3b in two projects that will make new-type lithium batteries in China starting in 2023/24, totaling 15GWh.

Is Ganfeng Lithium a good buy?

Ganfeng Lithium, with its interests in global lithium mines, projects, and significant refining capacity in China, has been the most aggressive buyer of lithium assets over the past 5 years. This strategy should pay off handsomely this decade as lithium production is expected to increase.