BASE METALS

Ganfeng in $962M acquisition of Lithea

Ganfeng to buy Argentinian lithium project

This article is 3 years old. Images might not display.

Ganfeng says the PPG Project is intended to produce 30,000 tons of lithium carbonate per year in phase 1 and can be expanded to 50,000 tons per year depending on resource conditions.

Ganfeng plans to increase its resource self-sufficiency with upstream and downstream integration.

The company's operations extend along the lithium battery supply chain, including resource development, refining, and processing, battery manufacturing, and battery recycling.

Ganfeng says it has China's largest lithium compound capacity, which also ranks third in the world. It also claims the title of the world's largest lithium metal producer.

Ganfeng said the PPG project is "an excellent project in terms of resource amount, resource quality, capacity expansion potential and other aspects amongst the major lithium salt lake projects in Argentina".

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Leadership Insights 2025

Leadership Insights reveals key trends in priority mining issues through interviews with 15+ top mining company executives and an industrywide survey.

editions

Mining IQ Risk Analytics

Risk Analytics offers interactive access to World Risk Insight data, allowing you to customise risk views, benchmark jurisdictions, explore data behind scores and read expert commentary to guide your decision-making.

editions

Project Pipeline Index 2025

View our 50 top mining projects, handpicked using a unique, objective selection process from an expanded database of 600+ global assets.