Ganfeng joins China Minmetals lithium salt lake project for $225m
Ganfeng joins China Minmetals lithium salt lake project for $225m Electric car lithium battery pack and power connections. Stock Image. Ganfeng Lithium Co said on Monday it would pay 1.47 billion yuan ($225 million) to take a 49% stake in a lithium salt lake project operated by compatriot China Minmetals Corp in Qinghai. The move will give Ganfeng, one of the world’s top producers of lithium chemicals used in electric vehicle (EV) batteries, its first salt lake asset in China, adding to interests it holds in Argentina. Sign Up for the Battery Metals Digest Sign Up Salt brines are one of th...