I think the two companies are totally different kettles of fish...

I think the two companies are totally different kettles of fish from Ganfeng's pov. Firstly Ganfeng only owned 5% of CXO and it is unlikely they would ever own more as Australia would likely not allow any type of takeover by a Chinese company of an Australian based asset. Secondly CXO is in my books one of the most highly valued lithium companies and one might say over valued compared to its peers, so maybe Ganfeng just thought it was a good time to take their financial investment out of Australia.. LLL is completely different since: 1) the asset is in Mali not Australia; 2) Ganfeng already owns 50% of the JV which owns the deposit and operation. Also Ganfeng has the off takes almost completely locked up from Goulamina, so as I stated before I don't think they will ever sell their state in LLL since this just cements their hold on the asset. But hey that is just my analysis.