Ganfeng Lithium Signs Long-Term Supply Agreement with Hyundai Motor Company

Ganfeng Lithium and Hyundai Motor Company of South Korea Sign Long-Term Supply Agreement

Ganfeng Lithium recently announced that it has signed a 'Long-Term Supply Agreement' with South Korea's Hyundai Motor Company. The agreement stipulates that the company and its subsidiaries will supply battery-grade lithium hydroxide products to Hyundai Motor Company in accordance with the agreed upon annual supply quantities. The actual purchase quantity and sales amount will be determined by the final purchase order. The term of this contract is from January 1, 2024 to December 31, 2027, and it is expected to have a positive impact on the company's business performance during the contract period.