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Chinese miners count profits from lithium's record year

Ganfeng estimates its net profit soared by by between 244% and 321% year on year

Nathan Richardson
Ganfeng plans to produce a total of 300,000tpa LCE by 2025 and “no less” than 600,000tpa LCE by 2030.

Ganfeng plans to produce a total of 300,000tpa LCE by 2025 and “no less” than 600,000tpa LCE by 2030.

Ganfeng estimated its net profit for the year would be between RMB18 billion to RMB22 billion, while Zijin's preliminary estimate was RMB20 billion. Jefferies said that while Zijin's net profit was...

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