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Firstly, Chairman Li introduced Ganfeng's lithium ecosystem, as follows:
Ganfeng Lithium's business encompasses lithium resource development, deep processing of lithium chemical products, lithium metal smelting, lithium battery manufacturing, energy storage systems, and lithium battery recycling.
Sustainable Development
Accelerate energy transition and pursue long-term growth.
Optimize the energy structure, mitigate energy risks, and pursue long-term returns.
Replace coal and oil with PV power generation to increase the proportion of clean energy and reduce long-term costs.
Vigorously develop the energy storage business to provide comprehensive solutions and avoid energy risks.
Replace diesel and gasoline equipment with electrical equipment to reduce fossil energy consumption.
Increase the proportion of green electricity.
The MARIANA Lithium Salt Lake Project - The first salt lake project in South America equipped with integrated PV ESS facilities.
The project has an installed capacity of 300 MW and adopts an integrated PV ESS design. The energy storage system is fully equipped with Ganfeng's proprietary intellectual property rights.
The system fully meets the energy consumption needs of the Mariana Lithium Salt Lake Project and can provide 100% uninterrupted power supply.
This model is fully replicable, and we are confident in promoting it to more countries and projects.
As of the end of 2024, the company has achieved a grid-connected PV capacity of 15.57 MWp in China.
One-time investment for long-term, stable, and low-cost energy supply.
Energy Storage Solutions
Ganfeng LiEnergy has launched a brand-new energy storage system that adopts full-time domain equalization technology, increasing the equalization duration by five times. It employs a pack large module design, achieving a system efficiency of over 95%. The system utilizes Ganfeng LiEnergy's 314Ah high-capacity, long-life battery cells with a stable material system. Currently, the total application scale exceeds 11,000 MWh in both domestic and overseas markets. In the rankings of domestic and global shipments of Chinese energy storage enterprises, Ganfeng LiEnergy has been among the top 10 nationwide and globally for two consecutive years.
For example:
The Safo 50MWc solar PV power generation and 25MWh ESS power station in Mali (under planning); the Tongliao 395MWh integrated generation-grid-load-storage project in Inner Mongolia.
The 300MWh PV ESS project in Argentina; the 143MWh/52-container ESS project in Taiwan, China.
The 80MWh ESS project of OKAYA POWER PVT.LTD; the 130MWh PV ESS project in Guazhou, Gansu Province.
Accelerate Comprehensive Electrification
Transport vehicles equipped with Ganfeng LiEnergy's power batteries have already undertaken some raw material transportation tasks, driving the company's own business development while reducing carbon emissions.
Promote electric vehicles to upstream resource providers and suppliers to drive collaborative carbon reduction across the supply chain and promote the development of the company's own lithium battery business.
Focus on High-quality Projects and Pursue Project Sustainability
Focus on the development of high-quality lithium resources and supporting projects to increase the self-sufficiency rate of resources; improve project efficiency to avoid resource waste; match the needs of the processing end with the resource end and strengthen internal corporate control.
Technological Innovation
Promote technological innovation to improve quality, reduce costs, and increase efficiency.
Innovate lithium extraction technologies to reduce resource costs.
Adopt a DLE lithium extraction process with lower water consumption, reducing water consumption per ton of lithium carbonate product through technological innovation, lowering water costs, and alleviating environmental pressure.
The EXAR project has reduced water consumption per ton of lithium carbonate to 70m³, placing it at the forefront of the industry.
Develop New Quality Productive Forces and Enhance Production Efficiency
Build smart factories to precisely control energy consumption in the production process through digital and information technologies, driving cost reduction and efficiency improvement through new quality productive forces.
Construct an advanced process control system to achieve precise regulation and optimization of the production process.
Introduce a Manufacturing Execution System (MES) to further enhance production efficiency and response speed.
Operation efficiency has increased by 90%, labor costs have decreased by 80%, and energy consumption costs have decreased by 50%.
Circular Regeneration
Build a circular system to explore the value of resource regeneration.
Lithium Battery Recycling - Achieving the Recycling and Regeneration of Lithium
The company has currently achieved a lithium comprehensive recovery rate of over 90% and a nickel-cobalt metal recovery rate of over 95%.
Collaborate on battery and lithium-containing waste recycling to extract valuable metals and lithium compounds from recycled waste materials, which are then used in the production of new battery raw materials or lithium chemical products, forming a closed-loop of sustainable development and contributing to the achievement of global carbon neutrality goals.
Consolidate Technological Innovation in Circular Production
Undertake the national key R&D program "Key Technologies and Equipment for Circular Economy" - the key special project "Integrated Technologies and Demonstration for Circular Upgrading of Lithium Industry Clusters."
Build a Lithium Battery Recycling System
Collaborate with upstream and downstream partners to build comprehensive lithium battery utilization projects and promote the construction of an industrial ecosystem for the recycling of waste materials. The project includes production lines and related facilities for battery pack disassembly, cascade utilization, battery processing, etc.
By-product Development - Exploring More Economic Value
Lithium Slag Recycling and Utilization: Conduct technological development and secondary processing of industrial waste slag generated during ore refining for use as raw materials in the glass and cement manufacturing industries.
Sodium Hypochlorite Recycling and Utilization: The company collects chlorine-containing exhaust gas through gas collection hoods and directs it to absorption treatment devices, achieving a chlorine absorption rate of 99.9%. The absorbed sodium hypochlorite solution is mainly used for water purification, as a disinfectant, and for pulp bleaching.
Steam Waste Heat Recovery - Improving Energy Utilization Efficiency
Adopt MVR (Mechanical Vapor Recompression) technology, which only consumes 0.1t of fresh steam to evaporate 1 ton of water, greatly realizing steam reuse and reducing energy consumption.
Utilize steam condensate and hot water generated as a by-product of air compressors as heat sources to achieve the goal of reducing energy consumption based on the principle of endothermic refrigeration.
Recover waste heat generated during the operation of air compressors to meet the hot water demand of employee dormitories, reducing overall energy consumption and operating costs.
Steam Condensate Recovery - Reducing Water Consumption
The lithium series projects save approximately 60,000 tons of water annually; the lithium dihydrogen phosphate project saves approximately 16,500 tons of water annually.
2024 Sustainable Development Achievements
MSCI ESG Index Rating: A; ESG Best Practice Award; Sustainable Development Leadership Award; Environment-Friendly Award; and the release of sustainable development reports for nine consecutive years, etc.
Ganfeng Lithium will strive to utilize limited lithium resources to create a green, clean, and healthy life for human development and progress!
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