Yahua Group is already one of China's largest lithium producers, and has significant expansion plans. Yahua Group's existing operations includes a 12,000tpa lithium hydroxide refinery and a 6,000tpa lithium carbonate refinery, and it has plans to expand its production to 50,000tpa of lithium salt production. As a major supplier of lithium salts in China, Yahua Group has long term stable relationships with a number of the large downstream customers of lithium batteries, and has broad marketing and distribution channels. Yahua Group already has significant business interests in Australia, including operations in Darwin, where it manufactures explosives for industrial use.
GXY Price at posting:
$3.83 Sentiment: Buy Disclosure: Held