Ganfeng Lithium Estimates 50%-60% Lithium Resource Self-Sufficiency Rate, Eyes Further Improvement

On March 31, Ganfeng Lithium released its investor activity records. When asked about its self-sufficiency rate, the company stated that Ganfeng Lithium's lithium resource self-sufficiency rate is estimated to reach approximately 50%-60%. With the increased production capacity of the Goulamina spodumene project in Mali, the company's lithium resource self-sufficiency rate is expected to further improve.

The Mengjin Project Phase I has already commenced production, with an annual planned capacity of 600,000 tons, and is currently in the ramp-up phase. Meanwhile, preparatory work is underway for the construction of the Songshugang Project.