On May 23, the groundbreaking ceremony of Ganfeng Lithium's 50,000-ton lithium battery new energy material project was held in Yichun City, Jiangxi Province. The project covers a total area of ??about 428 mu and plans to invest 2 billion yuan to form an annual production capacity of 50,000 tons of LCE lithium-ion new energy materials by extracting lithium through spodumene.

Yu Xiuming, Secretary of the Yichun Municipal Party Committee, Wu Yiqun, Secretary General of the Yichun Municipal Party Committee, Xu Jieqiang, Secretary of the Fengcheng Party Committee, Zhang Shuji, Deputy Secretary of the Municipal Party Committee and Mayor, Peng Lin, Deputy Secretary of the Fengcheng Party Committee, Hu Zhenqun, Secretary of the Party Working Committee of the High-tech Zone, Li Liangbin, Chairman of Ganfeng Lithium Industry, Xu Jianhua, Senior Vice President of Ganfeng Lithium, Ou Yangming, Senior Vice President of Ganfeng Lithium, Gao Guiyan, General Manager of Fengcheng Ganfeng and other leaders attended the event.

Continuously increase production capacity and improve industrial layout

In recent years, with the increasing attention of the public to climate issues, energy transition has become a global issue, and the new energy industry represented by electric vehicles has developed rapidly. According to the "Global Power Battery Installed Capacity Database" released by the Advanced Industrial Research Institute (GGII), the global sales of new energy vehicles will reach 6.37 million in 2021, a year-on-year increase of 100%; the Minmetals Securities Research Institute predicts that the global sales of electric vehicles in 2025 It will reach 22.315 million units, with a compound annual growth rate of 30.8% over 2022.

As the world's leading lithium ecological group, Ganfeng is committed to providing high-quality and stable lithium series products for downstream and terminals to ensure the development of the new energy industry. At present, Ganfeng has an effective production capacity of 28,000 tons of lithium carbonate, 70,000 tons of lithium hydroxide, and 2,150 tons of lithium metal, and is constantly seeking to build new production bases around the world in order to further increase production capacity.

"The investment in the construction of a new energy material production base in Fengcheng is one of the most important long-term strategic plans of Ganfeng Lithium, which is in line with the development requirements of my country's lithium industry to upgrade its industry and enhance its international competitiveness." Director of Ganfeng Lithium Chang Li Liangbin pointed out that the Fengcheng Ganfeng project will help the company to further realize its vision of "building a world-class enterprise integrating upstream and downstream" and greatly increase the production capacity of lithium compound products.

Replicate Ganfeng's advantages to help double-carbon goals

This Fengcheng project continues the characteristics of high technology level and low energy consumption, adopts advanced technology and equipment to improve efficiency and reduce unit energy consumption; select energy-saving power-consuming equipment, optimize electrical layout to reduce losses; In the future, Fengcheng Ganfeng will also introduce more advanced concepts to create a green, efficient and energy-saving first-class production base.

"Yichun is my hometown and one of the birthplaces of Ganfeng. In the future project construction and operation process, we will continue to take advantage of Ganfeng's high speed, high quality, high environmental protection and high safety to overcome difficulties. Realize the project's operation as soon as possible!" Li Liangbin said, "Ganfeng will firmly grasp the opportunities of the times, we will improve our digitalization and informatization level in the project, and strengthen our service capabilities; we must set ESG goals to reduce the production process. energy consumption and carbon emissions to help achieve the dual carbon goal; we must continue to increase project production capacity, provide more high-quality products to the downstream, and contribute to the green energy strategy!”