Ganfeng lithium energy storage ranking

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.

How much will China's ganfeng lithium invest in battery production?

China's Ganfeng Lithium to invest $1.3 bln in battery production. 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.

How will demand for lithium salt affect ganfeng's business?

The increase would range from a 368% to 437% rise from a year earlier, Ganfeng said. 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.

Is ganfeng a good buy?

Ganfeng has interests in lithium mines and projects globally as well as significant lithium refining capacity in China. During the past 5 years Ganfeng has been the most aggressive buyer of global lithium assets and this should pay off handsomely this decade. Estimated 2020 lithium production market share by company Source: Courtesy RK Equity

How much will ganfeng lithium's net profit rise in 2021?

Net profit in 2021 at Ganfeng Lithium, a China-based lithium supplier to Tesla, is expected to soar by as much as 437% from a year earlier, the company said in a stock filing at the Shenzhen Stock Exchange on Monday.

Where are ganfeng batteries made?

Ganfeng's products include multiple models of LFP batteries and modules, power battery systems for electric buses, electric special vehicles, electric forklifts, AGVs and other vehicles. As shown below this is all done in China. You can view some of Ganfeng's batteries here. Source: Ganfeng website