There Is Not Enough Lithium For Batteries Even After A 14% Increase In Production - Prices Are Up 74% in 2016. February 3, 2017 • 12 Likes • 4 Comments
“Ganfeng is the largest integrated lithium producer in China, with a total capacity of around 30,000 tpa LCE. Ganfeng’s products include lithium metal, lithium hydroxide, lithium carbonate, lithium fluoride, lithium chloride, and other chemical products of lithium. In Australia, Ganfeng Lithium owns a 43.1% interest in the Mt. Marion lithium spodumene mine with Mineral Resources Ltd. (43.1%) and Neometals Ltd. (13.8%). Ganfeng was founded in 2000 and trades on the Shenzhen Stock Exchange with a market capitalization of around US$ 3 billion.
GXY Price at posting:
59.5¢ Sentiment: Buy Disclosure: Held