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…
Ganfeng Lithium undermined by sinking prices, Chilean nationalization
The lithium producer's profits could get squeezed this year as prices for the metal continue to sag and fallout spreads from Chile’s recent decision to nationalize its lithium mines Key…
EV Slowdown De-Juices Ganfeng Lithium’s Profit Potential
The producer of the key metal used in electric vehicles said its net profit nearly tripled in 2022, even as its two major profit drivers look unlikely to keep up…
Driven by Nickel Battery Boom, Lygend Resources Powers up its IPO
The nickel products trader is about to go public in Hong Kong on the back of fast profit growth as it expands across the nickel supply chain Key Takeaways:Lygend Resources…
FAST NEWS: Ganfeng Lithium Investigated By Chinese Regulator for Suspected Insider Trading
The latest: Lithium compound producer Ganfeng Lithium Co. Ltd. (1772.HK; 002460.SZ) announced Sunday it’s facing an investigation by the China Securities Regulatory Commission (CSRC) for suspected insider trading in an…