BRIEF: Ganfeng bids for new Chilean lithium project
Ganfeng Lithium Group Co. Ltd. (1772.HK; 002460.SZ) is among the miners bidding to co-develop a new lithium project in Chile’s Maricunga salt flat, Caixin reported, citing unnamed sources familiar with…
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…
Lopal Tech seeks cash after losses balloon with lithium price plunge
The lithium iron phosphate battery cathode material maker, which was listed in Shanghai in 2017, is seeking to raise funds with a second listing in Hong Kong Key Takeaways: Lopal…
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…
Rising Lithium Prices Lift Ganfeng and Tianqi – But Not Equally
Tianqi’s stock is getting a bigger lift from soaring prices for the key metal in electric car batteries as it continues to rebound from a debt crisis two years ago…
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