China's top lithium production firm launched the first phase of a lithium mining project in Mali.
Ganfeng Lithium announced the launch of the first phase of its Goulamina lithium mine in southern Bougouni in mid-December.
The project plans to produce 506,000 tons annually, doubling to 1 million tonnes in phase two.
The project advances despite security challenges, a stringent new mining code, and an oversupplied lithium market.
In May, the Chinese firm secured a $342.7 million deal to increase its stake in the major lithium project in Mali, West Africa.
Researchers from Nanjing University in China are developing innovative ways to extract lithium from low-quality brines, including seawater and salt lakes.
China leads the global electric vehicle (EV) market, accounting for around 60 percent of worldwide battery-powered car deliveries. The country also accounts for 77 percent of the world’s EV batteries, with combined exports exceeding $139 billion in 2023.
Ganfeng Lithium announced the launch of the first phase of its Goulamina lithium mine in southern Bougouni in mid-December.
The project plans to produce 506,000 tons annually, doubling to 1 million tonnes in phase two.
The project advances despite security challenges, a stringent new mining code, and an oversupplied lithium market.
In May, the Chinese firm secured a $342.7 million deal to increase its stake in the major lithium project in Mali, West Africa.
Researchers from Nanjing University in China are developing innovative ways to extract lithium from low-quality brines, including seawater and salt lakes.
China leads the global electric vehicle (EV) market, accounting for around 60 percent of worldwide battery-powered car deliveries. The country also accounts for 77 percent of the world’s EV batteries, with combined exports exceeding $139 billion in 2023.
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