002460.SZ - Ganfeng Lithium Co., Ltd.

Shenzhen - Shenzhen Delayed Price. Currency in CNY
23.26
-0.70 (-2.92%)
At close: 4:29PM CST
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Previous Close23.96
Open24.87
Bid23.25 x 0
Ask23.26 x 0
Day's Range23.17 - 23.95
52 Week Range19.21 - 47.00
Volume13,015,997
Avg. Volume40,374,934
Market Cap24.018B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est36.28
  • Financial Timesyesterday

    Electric cars: China powers the battery supply chain 

    Inside a warren of cement and steel pipes, rock — mined in Australia — is heated to 1,000C in a giant coal-fired boiler. It is then leached with acid, dried and purified into a fine white powder that carries the charge inside a battery that enables an electric car to drive. The city of Xinyu supplied lithium to China’s nuclear weapons industry in the 1960s, part of Mao Zedong’s push to place industry deep into the rural heartland of the country in case of a nuclear attack.

  • Financial Times3 days ago

    Ganfeng Lithium to buy 30% stake in London-listed Bacanora

    China’s Ganfeng Lithium, the country’s second-biggest producer of the electric car raw material, agreed to buy a 30 per cent stake in London-listed Bacanora Minerals, backing its plans to build a lithium mine in Mexico. It will also help Bacanora with much-needed capital to move forward with construction of its Sonora project, which aims to extract lithium from clay in northern Mexico — a type of deposit that has not been commercially exploited before. “Our proposed investment in Bacanora Lithium and the Sonora Lithium Project would form a cornerstone in Ganfeng’s growth strategy to become the world’s largest lithium producer,” said Wang Xiaoshen, deputy chairman of Ganfeng.

  • Reuters8 days ago

    Lithium Americas names new CEO, quarterly loss shrinks

    Lithium Americas Corp, which is developing lithium projects in Argentina and Nevada, said on Wednesday that its quarterly loss shrank as costs fell and sales rose, and that its chief executive would retire. The company is one of a handful of junior miners around the world working to develop mines for lithium, a key metal used to make electric vehicle batteries. The Vancouver-based company said CEO Tom Hodgson is retiring effective immediately and will be replaced by Jonathan Evans, who has been the company's president and chief operating officer since last September.

  • Reuterslast month

    China's General Lithium to launch 60,000 T spodumene converter by end-2020

    General Lithium Corp, China's fourth-biggest lithium producer, plans to start building a plant to convert mineral ore to lithium that will more than triple its capacity by the end of 2020, a company official said on Friday. The plant will convert spodumene, a hard-rock mineral mined for lithium, into 60,000 tonnes of lithium carbonate equivalent (LCE) per year in the city of Yichang, in central China's Hubei province, said the official, who asked not to be identified, during an interview on the sidelines of an industry conference. The expansion, from General Lithium's current capacity of 22,000 tonnes of LCE per year, mounts a challenge to competitors Ganfeng Lithium Co and Tianqi Lithium , two of the world's biggest producers, although all major lithium firms are expanding due to rising demand for the metal used in batteries for electric vehicles.

  • Reuters2 months ago

    China Stocks-Factors to watch on Monday

    * PREVIOUS TRADING SESSION MOVES: * SSEC +0.9 pct, CSI300 +1.0 pct, HSI -0.2 pct * HK- Shanghai Connect daily quota used 0.5 pct, Shanghai- HK daily quota used 2.6 pct * HK- Shenzhen Connect daily ...

  • Reuters2 months ago

    BRIEF-Ganfeng Lithium In MoU To Offer Lithium Related Products To Volkswagen

    April 7 (Reuters) - Ganfeng Lithium Co Ltd: * SAYS IT SIGNS MOU WITH VOLKSWAGEN AG TO OFFER LITHIUM RELATED PRODUCTS TO THE LATTER IN NEXT TEN YEARS Source text in Chinese: http://www.szse.cn/disclosure/listed/bulletinDetail/index.html?4dc9b56e-8946-4e0c-ba22-d735d6193591 ...

  • Reuters2 months ago

    BRIEF-Ganfeng Lithium's Netherlands Unit To Increase Holdings In Argentina's Minera Exar

    April 1 (Reuters) - Ganfeng Lithium Co Ltd: * SAYS ITS NETHERLANDS UNIT TO INVEST $160 MILLION IN ARGENTINA'S MINERA EXAR * SAYS ITS NETHERLANDS UNIT TO OWN 50 PERCENT STAKE IN MINERA EXAR AFTER TRANSACTION ...

  • GlobeNewswire2 months ago

    Lithium Americas Announces US$160 Million Project Investment by Ganfeng Lithium in Caucharí-Olaroz and Parties to Jointly Evaluate an Increase to 40,000 tpa

    GFL agrees to subscribe for newly issued shares in Minera Exar, the holding company for Caucharí-Olaroz, for consideration of US$160 million. Lithium Americas and Ganfeng Lithium to form 50/50 joint venture. Upon closing, LAC and GFL will each own a 50% equity interest in Caucharí-Olaroz, adjusted from the current 62.5% and 37.5% interests, respectively.

  • Reuters2 months ago

    China Stocks-Factors to watch on Friday

    * PREVIOUS TRADING SESSION MOVES: * SSEC -0.9 pct, CSI300 -0.4 pct, HSI +0.0 pct * HK- Shanghai Connect daily quota used -1.7 pct, Shanghai- HK daily quota used 0.2 pct * HK- Shenzhen Connect ...

  • Reuters2 months ago

    BRIEF-Ganfeng Lithium Says 2018 Net Profit Down 16.7 Percent Y/Y

    (Refiles with more bullet points, links) March 28 (Reuters) - Ganfeng Lithium Co Ltd: * SAYS 2018 NET PROFIT DOWN 16.7 PERCENT Y/Y * SAYS IT OR UNITS PLAN TO INVEST UP TO $500 MLN DEBT FINANCING INSTRUMENTS ...

  • Reuters3 months ago

    BRIEF-Ganfeng Lithium To Boost Hong Kong Unit GFL International's Capital By $500 Mln

    March 7 (Reuters) - Ganfeng Lithium Co Ltd: * SAYS IT PLANS TO BOOST HONG KONG UNIT GFL INTERNATIONAL'S CAPITAL BY $500 MILLION Source text in Chinese: http://tinyurl.com/y3vpuxj5 Further company coverage: ...

  • Reuters3 months ago

    China Stocks-Factors to watch on Thursday

    * PREVIOUS TRADING SESSION MOVES: * SSEC +0.4 pct, CSI300 -0.2 pct, HSI -0.1 pct * HK- Shanghai Connect daily quota used 6.2 pct * HK- Shenzhen Connect daily quota used 3.9 pct, Shenzhen- HK daily ...

  • Reuters3 months ago

    BRIEF-Ganfeng Lithium's Preliminary 2018 Net Profit Down 17.2 Percent Y/Y

    Feb 27 (Reuters) - Ganfeng Lithium Co Ltd: * SAYS PRELIM 2018 NET PROFIT DOWN 17.2 PERCENT Y/Y AT 1.2 BILLION YUAN ($179.68 million) Source text in Chinese: https://bit.ly/2T25O0h Further company coverage: ...

  • Reuters4 months ago

    BRIEF-Ganfeng Lithium 2018 Net Profit At 1.18-1.76 Bln Yuan Vs Net Profit Of 1.47 Bln Yuan Year Earlier

    Jan 29 (Reuters) - Ganfeng Lithium Co Ltd: * SAYS IT SEES 2018 NET PROFIT AT 1.18-1.76 BILLION YUAN VERSUS NET PROFIT OF 1.47 BILLION YUAN ($218.40 million) YEAR EARLIER Source text in Chinese: https://bit.ly/2TfDO5r ...

  • Reuters4 months ago

    Factbox: Battery makers race to secure Australian lithium supply

    Battery behemoths Ganfeng Lithium and Albemarle, and carmakers like Tesla have snapped up Australian lithium supply over the past year, with one miner this week saying that nearly all of the country's planned production has now been spoken for. Western Australia accounts for around half of global lithium production, which Macquarie expects will jump by 52 percent to 431,000 tonnes of lithium equivalent in 2019, rising to 500,000 tonnes by 2020. GREENBUSHES: The world's largest hard rock lithium mine is a joint venture between China's Tianqi Lithium and Albemarle.

  • Reuters5 months ago

    China Stocks-Factors to watch on Wednesday

    * PREVIOUS TRADING SESSION MOVES: * SSEC +0.4 pct, CSI300 +0.7 pct, HSI +1.3 pct * CNY official close 6.873 per dollar * FTSE China A50 +0.9 pct, BNY Mellon ADR China Select Index -0.4 pct SHANGHAI, Jan ...

  • Reuters7 months ago

    China's Ganfeng Lithium tumbles 28 percent on Hong Kong debut

    China's top lithium producer Ganfeng Lithium tumbled as much 28 percent on its Hong Kong debut, a stark warning sign to fellow Shenzhen-listed counterpart Tianqi Lithium which is also planning a listing in the city. Shares of Ganfeng, a supplier to carmakers like Tesla and BMW, fell to a low of HK$11.80 in early morning trading after opening at HK$15.30 on Thursday. Ganfeng's listing came as world markets slid to a 3-month low on Wednesday, while Hong Kong's benchmark Hang Seng index is down 20 percent from its January highs.

  • Reuters7 months ago

    China's Ganfeng Lithium set to open down 7 percent

    China's top lithium producer Ganfeng Lithium was set to open down 7 percent on its Hong Kong debut, a warning sign to fellow Shenzhen-listed counterpart Tianqi Lithium which is also planning a listing ...

  • Reuters8 months ago

    BRIEF-Ganfeng Lithium, Unit To Supply Lithium-Related Material To BMW's Battery Suppliers

    Sept 28 (Reuters) - Ganfeng Lithium Co Ltd: * SAYS IT, UNIT AND GERMANY'S BMW SIGN AGREEMENT TO SUPPLY LITHIUM RELATED MATERIAL TO BMW'S BATTERY SUPPLIERS Source text in Chinese: https://bit.ly/2OgK4uu ...

  • Reuters8 months ago

    BRIEF-Ganfeng Lithium Sets Pricing For Hong Kong Share Offering To Raise HK$5.13 Bln

    Sept 26 (Reuters) - Ganfeng Lithium Co Ltd: * SAYS IT PLANS TO OFFER AN AGGREGATE OF 200,185,800 H-SHARES AT HK$16.5-HK$26.5 ($2.11-3.40) PER SHARE * SAYS IT PLANS TO RAISE MAXIMUM NET PROCEEDS OF UP TO ...

  • Reuters8 months ago

    BRIEF-Ganfeng Lithium To Invest Up To 500 Million Yuan In Lithium-Related Project

    Sept 26 (Reuters) - Ganfeng Lithium Co Ltd: * SAYS IT PLANS TO INVEST UP TO 500 MILLION YUAN ($72.73 million) IN LITHIUM RELATED PROJECT Source text in Chinese: https://bit.ly/2xMxFnM Further company coverage: ...