GanfengLithium

Ganfeng Lithium, established in 2000 in Xinyu, Jiangxi, is one of the world’s leading lithium salt producers, known for its fully integrated operations encompassing resource development, refining, battery manufacturing, and recycling. The company serves major global clients such as Tesla, BMW, and LG Chem, and focuses on advancing multiple battery technologies—including solid-state, semi-solid-state, and lithium iron phosphate—catering to electric vehicles, energy storage, and consumer electronics.

Company Location

Country:

China

City:

Xinyu

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Company Overview

Founded in 2000 in Xinyu, Jiangxi, Ganfeng Lithium Co., Ltd. is China’s largest and the world’s third-largest lithium salt producer, with an integrated supply chain spanning resource development, refining, battery manufacturing, and recycling. As of 2021 it produces 120,000 tons of lithium salts annually and serves clients including Tesla, BMW, and LG Chem. It is listed on the Shenzhen and Hong Kong Stock Exchanges with a market value of approximately US$26 billion (2022).

Battery Technology

The company develops first-generation solid-state batteries (260 Wh/kg) and is advancing second-generation versions (>400 Wh/kg) for automotive use, as well as “Xinfeng” semi-solid-state cells. It manufactures lithium iron phosphate batteries for electric buses and industrial vehicles, and polymer lithium batteries at its Huizhou facility. Applications span EVs, large-scale energy storage, consumer electronics, and emerging marine and aviation systems.

Products

Products include 260 Wh/kg solid-state batteries, >400 Wh/kg second-generation solid-state prototypes, “Xinfeng” semi-solid-state batteries, lithium iron phosphate batteries for buses and industrial vehicles, high-end polymer lithium batteries, and cells for mobile devices, notebooks, and drones.

Recent Projects

Launched phase one of the Goulamina Lithium Project in Mali in 2024 with 506,000 mt spodumene capacity; phase two will double to 1 million mt/year. Reserves total 211 million mt Li2O (~7.14 million mt LCE). Targets 600,000 mt/year LCE by 2030.

Investors

Cornerstone investors include China Structural Reform Fund, LG, Samsung, Dongfeng Motor, FAW Group, and GoldenSand Capital. Ganfeng Lithium is the majority owner of Lithium Americas (as of 2021) and holds 22.5% in Bacanora Lithium’s Sonora project.

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