On July 11, Chinese battery materials giant Ganfeng Lithium announced that its board of directors agreed that Ganfeng International, a wholly-owned subsidiary, would acquire Argentina-focused Lithea Inc. for up to $962 million.
Ganfeng Lithium announced on July 3 that the company had received a Notice of Case Filing from the China Securities Regulatory Commission (CSRC) for suspected insider trading of an A-share listed company's shares in the secondary market.
Ganfeng Lithium and SVOLT, a power battery manufacturer, announced on Wednesday that they have signed a strategic cooperation framework agreement.
Ganfeng Lithium, a leading lithium compound manufacturer in China, will put its Cauchari-Olaroz salt lake project in Argentina into operation during the second half of this year.
Chinese firm Ganfeng Lithium Co., Ltd. and its subsidiary unit GFL International Co., Ltd. have signed a contract to supply battery-grade lithium products to U.S. electric vehicle maker Tesla, Ganfeng said on Monday in a filing.
Ganfeng Lithium announced on Wednesday night its acquisition of 8.58% of shares in Litio Minera Argentina S.A. for a transaction amount of $13.178 million.
A BYD Tang was sighted in the parking lot of Chrysler’s headquarters in Auburn Hills, Michigan in June. Chrysler purchased the vehicle as a reference for its forthcoming 2018 Jeep Cherokee. A US automaker was ‘learning’ from BYD Tang’s experience.