Ganfeng Lithium LATAM operates as a significant subsidiary of Ganfeng Lithium Co., Ltd., a global leader in lithium production established in 2000. The company maintains substantial operations across Argentina, focusing on lithium extraction and processing in the mineral-rich provinces of Salta and Jujuy. As part of the world’s largest lithium metals producer, Ganfeng Lithium LATAM manages several essential projects within the “Lithium Triangle,” an area encompassing Argentina, Chile, and Bolivia that contains approximately 58% of the world’s lithium resources. Their operations integrate advanced extraction methods with sustainable practices, positioning them as a major contributor to the global lithium supply chain.
Battery Technology
Ganfeng Lithium LATAM contributes to its parent company’s extensive battery technology portfolio through its lithium production capabilities. The company specializes in extracting and processing high-grade lithium, essential for manufacturing various battery types. Their technical expertise includes the production of battery-grade lithium carbonate and lithium hydroxide, crucial components in electric vehicle batteries and energy storage systems.
The company utilizes advanced direct lithium extraction (DLE) technology at several sites, complementing traditional solar evaporation methods. This dual approach enables more efficient lithium recovery while reducing water consumption. Their processing facilities incorporate state-of-the-art purification systems to achieve battery-grade specifications required by major automotive manufacturers.
Through integration with Ganfeng’s broader technology network, the LATAM division supports the development of solid-state batteries, which offer improved safety and energy density compared to conventional lithium-ion batteries. Their lithium products contribute to batteries achieving energy densities between 240-270 Wh/kg in first-generation solid-state applications.
Recent Projects
The Cauchari-Olaroz project, initiated in July 2023, stands as a significant achievement, targeting an annual production of 40,000 tonnes of lithium carbonate. The Pozuelos-Pastos Grandes project is approaching completion, with expected production of 25,000 tonnes annually by 2024. Additionally, the company acquired a 14.9% stake in the Pastos Grandes lithium project for $70 million, strengthening their position in Argentina’s lithium sector.
Investors
Ganfeng Lithium LATAM benefits from its parent company’s strong investor network, including partnerships with major automotive manufacturers such as Tesla, BMW, and Volkswagen. The company maintains strategic relationships with LG Chem and Samsung SDI, who serve as both investors and customers. Their financial structure includes support from various international investment funds, though specific details for the LATAM division’s investors remain private.
Business Details
Location: Buenos Aires, Argentina
Website: https://ganfenglithium-latam.com
LinkedIn: https://www.linkedin.com/company/ganfenglithium-latam/
