Market Chatter: Ganfeng Lithium Begins Lithium Production in Argentina Plant

MT Newswires Live
13 Feb

Ganfeng Lithium (HKG:1772) commenced lithium production at its plant in northern Argentina, Reuters reported Wednesday.

The Mariana project is among Ganfeng's several projects in Argentina, according to Reuters.

Ganfeng invested $790 million in the project, which has a capacity of 20,000 metric tons of lithium chloride per year from extraction at the Llullaillaco salt flat, the report said.

The lithium giant also invested $190 million in a solar park to power the facility, according to the report.

Ganfeng Lithium President Wang Xiaoshen said construction of its other projects in Argentina are underway, including the Pozuelos-Pastos Grandes and the Incahuasi-Arizaro project, which is in the advanced exploration phase, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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