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World’s Largest Listed Lithium Producer Ganfeng to Buy UK Miner: FT

Lithium salt producers and analysts said the hit to Yichun's production was likely to support rapidly falling prices of the EV metal. Photo: Bacanora


(AF) Ganfeng Lithium is set to purchase Bacanora Lithium in a £285-million deal that gives the Chinese company control over a Mexican mine, the Financial Times reported.

The world’s largest listed lithium producer has been on a buying spree, having purchased Canada’s Millennial Lithium in July, the report sated. The company also bought a stake in the Goulamina mine in Mali the previous month, it added. Full report: Financial Times


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Mark McCord

Mark McCord is a financial journalist with more than three decades experience writing and editing at global news wires including Bloomberg and AFP, as well as daily newspapers in Hong Kong, Sydney and Melbourne. He has covered some of the biggest breaking news events in recent years including the Enron scandal, the New York terrorist attacks and the Iraq War. He is based in the UK. You can tweet to Mark at @MarkMcC64371550.


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