Ganfeng Lithium(赣锋锂业)
Fast facts
- Year Founded
- 2000
Source: Tianyanchawww.tianyancha.com/brand/b6451150009
- HQ Location
- Xinyu, Jiangxi, China
- Publicly Traded?
- Yes
Source: Shanghai Stock Exchangewww.tianyancha.com/brand/b6451150009
- Overseas Operations
- Yes
Ganfeng Lithium has a global distribution of resources and subsidiaries, holding high-quality mineral resources in Australia, Argentina, Mexico, and Ireland. In Australia, the company holds a 50% stake in Mount Marion Lithium project parent and a 6.86% stake in the Pilbara project. In Argentina, Ganfeng Lithium forms a Joint-Venture with Lithium Americas to develop the Minera Exar lithium brine project and holds a 51% stake. Once production begins in 2022, the Caucharí-Olaroz site is slated to become the largest new lithium brine project in the last 20 years. The company has also invested in Argentina's Mariana lithium and holds an 82.5% stake. In Mexico, the company invested in the equity of Bacanora Lithium PLC and acquired a 22.5% project interest in Sonora Lithium. It increased its stake in Bacanora's Sonora project to 50% in 2020. In Ireland, GFL International Co., Ltd., a subsidiary of Ganfeng Lithium, owns 55% of the Avalonia project through a joint venture with International Lithium Corp.Source: 1. Ganfeng Lithium Website 2. Foreign Policy 3. Reuters 4. International Lithium Corp Websitewww.ganfenglithium.com/about1_en.html 2. https://foreignpolicy.com/2021/09/28/afghanistan-china-rare-earth-minerals-latin-america-lithium/ 3. https://www.reuters.com/article/bacanora-lithium-ganfeng/ganfeng-lithium-increases-stake-in-bacanoras-sonora-project-to-50-idUSL8N2HZ54S 4. https://internationallithium.com/ireland/
- US Sanctions
- No
- Military Affiliation in China
- No
Valuation
Valuation is reported as market capitalization. It was converted from HKD using the exchange rate from June 26, 2022 13:48:29.Source: Yahoo Financefinance.yahoo.com/quote/002460.SZ/key-statistics
*Valuation is reported as market capitalization. It was converted from HKD using the exchange rate from June 26, 2022 13:48:29.
Employees
Source: Qichachawww.qcc.com/firm/1a5430ddd369da75a87f93c85910083a.html
Founded in 2000, Ganfeng Lithium (赣锋锂业 gànfēng lǐyè) is the largest lithium metal producer in the world, while its lithium compound capacity ranks third worldwide and first in China. The company covers a wide swath of the lithium battery supply chain, from lithium resource development, refining, and processing, to battery manufacturing and battery recycling. It exports and produces over 20 unique lithium products that are widely used in electric vehicles, energy storage, 3C products, chemicals, and pharmaceuticals. This includes Li metal batteries, for which Ganfeng has developed a breakthrough technology that shortens the industry-standard production process. From 2022 to 2024, Ganfeng Lithium will be supplying battery-grade lithium hydroxide products to Tesla.
Source: Ganfeng Lithium Websitewww.ganfenglithium.com/about1_en.html
-
- Name
- Ownership
-
- HKSCC Nominees
Source: Qichachawww.qcc.com/cbase/1a5430ddd369da75a87f93c85910083a.html
- 20.05%
- HKSCC Nominees
-
- Lǐ Liángbīn
Source: Qichachawww.qcc.com/cbase/1a5430ddd369da75a87f93c85910083a.html
- 18.80%
- Lǐ Liángbīn
-
- Wáng Xiǎoshēn
Source: Qichachawww.qcc.com/cbase/1a5430ddd369da75a87f93c85910083a.html
- 7.02%
- Wáng Xiǎoshēn
-
- Hong Kong Securities Clearing Company Limited (HKSCC)
Source: Qichachawww.qcc.com/cbase/1a5430ddd369da75a87f93c85910083a.html
- 4.97%
- Hong Kong Securities Clearing Company Limited (HKSCC)
-
- Huáng Wén
Source: Qichachawww.qcc.com/cbase/1a5430ddd369da75a87f93c85910083a.html
- 0.81%
- Huáng Wén
-
- Industrial and Commercial Bank of China Co., Ltd.-China Europe Times Pioneer Equity Sponsored Securities Investment Fund
Source: Qichachawww.qcc.com/cbase/1a5430ddd369da75a87f93c85910083a.html
- 0.78%
- Industrial and Commercial Bank of China Co., Ltd.-China Europe Times Pioneer Equity Sponsored Securities Investment Fund
-
- Shěn Hǎibó
Source: Qichachawww.qcc.com/cbase/1a5430ddd369da75a87f93c85910083a.html
- 0.77%
- Shěn Hǎibó
-
- Industrial and Commercial Bank of China Co., Ltd.-Agricultural Bank of China New Energy Theme Flexible Allocation Hybrid Securities Investment Fund
Source: Qichachawww.qcc.com/cbase/1a5430ddd369da75a87f93c85910083a.html
- 0.67%
- Industrial and Commercial Bank of China Co., Ltd.-Agricultural Bank of China New Energy Theme Flexible Allocation Hybrid Securities Investment Fund
-
- China Construction Bank Corporation (China Energy Innovation Equity Securities Investment Fund)
Source: Qichachawww.qcc.com/cbase/1a5430ddd369da75a87f93c85910083a.html
- 0.61%
- China Construction Bank Corporation (China Energy Innovation Equity Securities Investment Fund)
-
- Industrial and Commercial Bank of China Co., Ltd.-China Universal CSI New Energy Automobile Industry Index Sponsored Securities Investment Fund (LOF)
Source: Qichachawww.qcc.com/cbase/1a5430ddd369da75a87f93c85910083a.html
- 0.42%
- Industrial and Commercial Bank of China Co., Ltd.-China Universal CSI New Energy Automobile Industry Index Sponsored Securities Investment Fund (LOF)
- Li Liangbin, Chairman and Executive Director
Ganfeng Lithium has a global distribution of resources and subsidiaries, holding high-quality mineral resources in Australia, Argentina, Mexico, and Ireland. In Australia, the company holds a 50% stake in Mount Marion Lithium project parent and a 6.86% stake in the Pilbara project. In Argentina, Ganfeng Lithium forms a Joint-Venture with Lithium Americas to develop the Minera Exar lithium brine project and holds a 51% stake. Once production begins in 2022, the Caucharí-Olaroz site is slated to become the largest new lithium brine project in the last 20 years. The company has also invested in Argentina’s Mariana lithium and holds an 82.5% stake. In Mexico, the company invested in the equity of Bacanora Lithium PLC and acquired a 22.5% project interest in Sonora Lithium. It increased its stake in Bacanora’s Sonora project to 50% in 2020. In Ireland, GFL International Co., Ltd., a subsidiary of Ganfeng Lithium, owns 55% of the Avalonia project through a joint venture with International Lithium Corp.
Source: 1. Ganfeng Lithium Website 2. Foreign Policy 3. Reuters 4. International Lithium Corp Websitewww.ganfenglithium.com/about1_en.html 2. https://foreignpolicy.com/2021/09/28/afghanistan-china-rare-earth-minerals-latin-america-lithium/ 3. https://www.reuters.com/article/bacanora-lithium-ganfeng/ganfeng-lithium-increases-stake-in-bacanoras-sonora-project-to-50-idUSL8N2HZ54S 4. https://internationallithium.com/ireland/
Ganfeng Lithium Sanctions
While at this time it appears that this company is not the subject of any U.S. or other global sanctions, it is important to note that Chinese companies tend to have more opaque organizational structures than their Western peers. Chinese companies’ affiliated brands, operating units, and overseas subsidiaries are not always obvious or even identifiable. Given this, a Chinese company may not be the subject of sanctions, but one of its subsidiaries may be, thus making it difficult to accurately ascertain a company’s full sanctions status.
The latest news on Ganfeng Lithium from SupChina
Ganfeng Lithium’s global expansion continues
China’s Ganfeng Lithium accounts for 24% of global output of lithium hydroxide — a key component in lithium-ion batteries — which is a significant jump from 18% the previous year.
China is becoming the world’s battery factory
Computers, phones, cars, ships, and even planes: batteries are essential for the technologies of tomorrow, and China looks set to dominate the industry from mining to manufacturing.
The latest news on Ganfeng Lithium from across the web
Ganfeng Lithium and SVOLT Reach Strategic Cooperation – Pandaily
Ganfeng Lithium and SVOLT, a power battery manufacturer, announced on Wednesday that they have signed a strategic cooperation framework agreement.
