I don't post this as any kind of confirmation bias but to...

I don't post this as any kind of confirmation bias but to illustrate something that has always puzzled me about market cycles & who knows what.
Share price wise, Ganfeng is on its knees but here it is forging ahead without any thought of being wrong, if only I could develop that kind of commitment.

Ganfeng Lithium, a leading Chinese lithium producer, recently announced that its subsidiary, Ganfeng LiEnergy, had entered into a partnership with Turkish company YIGIT AKU to establish a joint venture in Turkey. The two companies plan to invest $500 million (approximately 3.57 billion yuan) to build a lithium battery project with an annual production capacity of 5 GWh. This facility will include production lines for both lithium batteries and battery packs, with capacity adjustments based on market demand. In addition to the production facility, the joint venture plans to establish an R&D center focused on advanced lithium battery technologies. This center will specialize in the development of solid-state batteries, high-power batteries, and batteries for maritime and aerospace applications. It will also prioritize new technology development, R&D projects, and intellectual property acquisition.
End
Have a great day.