Ganfeng lithium s energy storage battery exports

What is ganfeng lithium?

Ganfeng Lithium’s business include upstream resource extraction, midstream lithium salt processing and Lithium metal refining, downstream lithium battery production and battery waste management, etc. Our products have been applied to electric cars, energy storage, 3C products, chemical and pharmaceutical fields, etc.

Why did ganfeng invest in lithium salt?

Demand for lithium salt in connection with the rapid growth of the electric vehicle and energy storage industries helped Ganfeng’s business, along with a new battery project and gains in the value of financial assets held by Ganfeng, the company said. China has emerged as the world-leading market for EVs.

Who makes gangfeng lithium?

China's Ganfeng is best known as a supplier of battery-grade lithium to clients including electric vehicle (EV) maker Tesla (TSLA.O), but also makes batteries and last week secured 973.1 million yuan of investment in battery unit Ganfeng LiEnergy, including from electronics giant Xiaomi (1810.HK).

How much will ganfeng lithium invest in 'new-type' lithium batteries?

Aug 5 (Reuters) - Ganfeng Lithium, the world's biggest lithium company by market capitalisation, said on Thursday its subsidiary would invest a total 8.4 billion yuan ($1.3 billion) in two projects that will make "new-type" lithium batteries.

Is ganfeng lithium a solid-state battery?

Ganfeng Lithium is the very first company, however, to announce the commencement of mass production. The company claims that its solid-state battery is independently developed, including high-grade lithium sulfide raw materials for a flexible electrolyte membrane, making the battery more efficient and safe, as well as with a longer life cycle.

What is a gangfeng lithium battery?

First unveiled in December 2021, Ganfeng Lithium’s solid-state battery uses an oxide electrolyte with a solid diaphragm. Traditionally, lithium-ion batteries move lithium ions from the anode to the cathode electrodes via the liquid electrolyte layer to produce electricity.