Lithium price slump: the ghost that keeps haunting Ganfeng Lithium
The producer of the key component used to make EV batteries expects to report a worse-than-expected loss in the first half of 2025, with no end in sight as prices…
BRIEF: Ganfeng Lithium’s Mali lithium project starts production
Lithium producer Ganfeng Lithium Group Co. Ltd. (1772.HK; 002460.SZ) announced on Monday that official production began at the first phase of its Goulamina spodumene project in Mali, Africa, with a…
INDUSTRY BRIEF: MSCI culls more China stocks from its indexes
Stock index compiler MSCI Inc. said it will remove 60 Chinese stocks from its indexes, including 56 companies listed on China’s domestic A-share market and four listed in Hong Kong.…
Plunging prices push lithium mining giants into the red
The industrial metal used in electric car batteries has dropped 85% from its price peak to around $90,000 per ton, hit by a supply glut and slowing vehicle sales Key…
FAST NEWS: Ganfeng Lithium increases stake in Mali spodumene mine
The latest: Lithium miner Ganfeng Lithium Group Co. Ltd. (1772.HK; 002460.SZ) announced Wednesday that its wholly-owned GFL International subsidiary will pay up to $65 million for up to 5% of…
FAST NEWS: Ganfeng Lithium to acquire 33.3% of EV company
The latest: Lithium miner Ganfeng Lithium Group Co. Ltd. (1772.HK; 002460.SZ) announced Monday that it will acquire 33.33% of Chongqing Ruichi Automobile for 1 billion yuan ($137 million). Looking up: Ruichi focuses on…
FAST NEWS: Ganfeng’s Argentina salt lake produces its first lithium carbonate
The latest: Lithium miner Ganfeng Lithium Group Co. Ltd. (1772.HK; 002460.SZ) announced Monday that its Cauchari-Olaroz salt lake project in Argentina has produced its first batch of lithium carbonate products. Looking up: The company…