Ganfeng lithium s energy storage strength

What is ganfeng lithium?

Ganfeng Lithium’s business include upstream resource extraction, midstream lithium salt processing and Lithium metal refining, downstream lithium battery production and battery waste management, etc. Our products have been applied to electric cars, energy storage, 3C products, chemical and pharmaceutical fields, etc.

How much will China's ganfeng lithium invest in battery production?

China's Ganfeng Lithium to invest $1.3 bln in battery production. Ganfeng Lithium, the world's biggest lithium company by market capitalisation, said on Thursday its subsidiary would invest a total 8.4 billion yuan ($1.3 billion) in two projects that will make "new-type" lithium batteries.

What is the battery capacity of ganfeng lienergy?

The battery capacities range from mAh level to hundreds Ah level. Ganfeng LiEnergy has first-class R&D teams and advanced product R & D line, and its products have entered the supply chain of many well-known brands.

How many solid-state batteries can be produced from ganfeng?

Since the commissioning of the expansion stage there in January, up to 2 GWh of solid-state batteries per year and up to 7 GWh of LFP battery cells can be produced. The first generation of solid-state cells from Ganfeng is still a semi-solid-state technology. Details on the energy density have not been confirmed.

What is the energy density of ganfeng's first solid-state battery?

At present, there are only rough indications of the energy density of Ganfeng’s first solid-state battery generation. The first model to use these cells is the Dongfeng E70. According to a publication by the Chinese Ministry of Industry and Information Technology, the battery of the E70 has an energy content of 52.26 kWh and weighs 335 kilograms.

Is ganfeng a good stock to buy?

Overall, Ganfeng already has a leading lithium business but also has enormous expansion potential (both in lithium and battery production) and thereby deserves to trade at a premium. I rate the stock as a long term hold, or accumulate on any significant dips. As usual, all comments are welcome.