Ganfeng Lithium Group Co., Ltd. (GNENY)
Ganfeng Lithium Group Co., Ltd. operates in the Chemicals industry of the Basic Materials sector, headquartered in Xinyu, JX, CN. The stock last traded at $5.19, up 3.59% on the session, giving a market capitalisation of $8.37B. On trailing twelve-month figures it carries a trailing P/E of 29.10, a net margin of 13.4%. Its beta of 0.45 implies it has historically moved less than the broad market.
Ganfeng Lithium Group Co., Ltd., founded in 2000 and based in Xinyu, China, operates as a prominent global manufacturer and distributor of various lithium products. The company's market reach spans Mainland China, the broader Asian region, the European Union, North America, and numerous international territories. Its business is strategically divided into three main segments: Lithium Metal and Compounds, Lithium Batteries, and Lithium Ore Resources and related ventures. The company holds significant interests in a diverse portfolio of lithium resource projects worldwide. These include the Mount Marion mine and the Pilbara Pilgangoora lithium-tantalum project in Australia; the Cauchari-Olaroz and Mariana projects situated in Argentina; the Sonora project in Mexico; the Ningdu Heyuan mine located in China; the Avalonia project in Ireland; the Qinghai Yiliping lithium salt lake project in China; and the Goulamina spodumene ore project in Mali, Africa. Ganfeng's extensive product offerings encompass a wide range of lithium chemicals, such as battery-grade lithium hydroxide and carbonate, lithium chloride, butyl lithium, and lithium fluoride. It also supplies various forms of lithium metals, including ingots, foils, rods, particles, and alloy powders. Furthermore, the company manufactures polymer lithium batteries, lithium-ion batteries for motive power, energy storage, and consumer devices, along with copper lithium and lithium aluminum alloy foils. Beyond its core manufacturing, Ganfeng is actively engaged in exploring for and selling lithium ores, and it provides comprehensive lithium battery recycling services. Its products are vital components across multiple industries, playing a crucial role in the manufacturing of electric vehicles, portable electronics, chemicals, and pharmaceuticals. The company serves a broad client base, including battery cathode materials manufacturers, battery suppliers, and automotive original equipment manufacturers (OEMs).
Ganfeng Lithium Group Co., Ltd. is most often compared with the following Basic Materials names: