Ganfeng Lithium acquires 8.58% stake in Argentine Mineral miners | Tesla's standard continued version of electric vehicles will gradually switch to lithium iron phosphate batteries.

[Ganfeng Lithium acquires 8.58% stake in Argentine Mineral miner] Ganfeng Lithium of the Netherlands plans to acquire its 8.58% stake in Litio from International Lithium through Sun Company, with a total transaction value of US $13.178 million; the deal has been completed recently, and the company indirectly holds 100% stake in Litio and its Mariana Lithium Salt Lake project.

[polyfluoroduo: the annual production capacity of lithium hexafluorophosphate will reach 55000 tons by the end of 2022] Polyfluorodor has recently been investigated by Xingshi Investment, Huaxia Fund and other institutions, the company said, the company's annual production capacity of lithium hexafluorophosphate products has reached 15000 tons, and it is expected to ship about 13000 tons by the end of 2021. It is planned to add 40, 000 tons of capacity by the end of 2022, when the total capacity will reach 55000 tons per year, and the annual production and sales volume is planned to exceed 30, 000 tons. Production and sales after 2023 will gradually increase according to the market and production expansion. For some time to come, due to the limited new production capacity in the market and the strong demand growth, the company believes that the market price of lithium hexafluorophosphate will remain high.

[Tibet Mining: the first candidate for the 10,000-ton battery-grade lithium carbonate project in Zabuye Salt Lake, Tibet is the State Power Investment Group Tibet Energy] Tibet Mining announcement, the company's holding subsidiary Xigaze Lithium Industry today received the "announcement of winning candidates" from Shanghai Baohua International bidding Co., Ltd., Tibet Zabuye Salt Lake green comprehensive development and utilization of 10,000-ton battery-grade lithium carbonate energy project (BOO). The first candidate for winning the bid is the State Power Investment Group Tibet Energy Co., Ltd.

[Sichuan Neng Investment and Ningde era signed Strategic Cooperation Agreement] October 18 news, in order to implement the national "double carbon" strategy and promote the development of new energy industry, Sichuan Neng Investment and Ningde era held a strategic cooperation signing ceremony on October 18. Zhang Changjun, chief economist of Sichuan Neng Investment Corporation, presided over the ceremony. Mou Jun, deputy general manager of Sichuan Neng Investment Corporation, and qu Tao, assistant chairman of the board of directors of Ningde era and general manager of Zhan Investment Project, signed strategic cooperation agreements on behalf of both sides.

[Tesla standard continued version of electric vehicles will gradually switch to lithium iron phosphate batteries] Tesla said in the third quarterly report that for the standard extended versions of Model 3 and Moderl Y, lithium iron phosphate batteries are being used worldwide, and delivery is expected to achieve an average annual growth rate of 50% in the next few years. This news means that the technical route of lithium iron phosphate has been further confirmed by Tesla. Compared with ternary lithium battery, lithium iron phosphate battery has better safety and stability, and lower cost, but it is slightly inferior in terms of energy density.

[Tesla: car delivery is expected to grow at an average annual rate of 50 per cent in the next few years] Tesla said that in the next few years, car delivery is expected to achieve an average annual growth of 50 per cent. the final license for the Berlin-Brandenburg project is expected to be obtained by the end of this year; for cars with standard mileage, lithium iron phosphate batteries are being used worldwide. The first cars with 4680 batteries will be delivered early next year.