China’s Ganfeng Lithium Gains Control of Large Lithium Source in West Africa

China's Ganfeng Lithium has sealed a major deal in West Africa

Ganfeng Lithium has acquired a Malian lithium mine in a deal worth US$343 million, gaining control of a significant source of raw materials.

Increased security and control over lithium supplies

This acquisition enhances Ganfeng Lithium's position in the lithium market, ensuring a stable and reliable supply chain for its operations.

Strategic move in a high-demand market

With the rising demand for electric vehicles and renewable energy storage solutions, securing access to lithium resources is crucial for the company's future growth and success.