Ganfeng lithium energy storage investment project

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.

Who is ganfeng lithium?

The billion-dollar “lithium giant” Ganfeng Lithium (002460, SZ) has made another big move. Ganfeng Lithium announced that it plans to invest 8.4 billion yuan with its own funds to build a new type of lithium battery project with an annual output of 15GWh.

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.

Will Jiangxi ganfeng invest in two new lithium battery projects?

According to reports, Jiangxi Ganfeng Lithium Battery Technology Co., Ltd. (hereinafter referred to as Jiangxi Ganfeng), a subsidiary of Ganfeng Lithium Industry Holdings, intends to invest in two new lithium battery projects in Jiangxi and Chongqing respectively.

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).