Ganfeng Lithium prepares for electric vehicle upsurge with aggressive expansions

China’s Ganfeng Lithium has announced considerable plans to extend its reach in the lithium supply chain throughout the first half of 2021, remaining one of the most active players in targeting large commitments to build out its production capabilities.

Indications of growing investment momentum came in early May, when the lithium major put forward a possible offer to purchase the remaining shares it does not own in UK-listed Bacanora Lithium, in a deal worth up to $264.5m.

This follows an investment earlier in February when Ganfeng announced it would raise its stake in Bacanora to 28.88 . . .

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