Jiangxi Ganfeng Lithium Co., Ltd. visits Asian Metal

On September 11, 2012, Li Liangbin, chairman and president of Jiangxi Ganfeng Lithium Co., Ltd. visited Asian Metal and exchanged views on the current minor metal markets with Bruce Zhang, general manager of the Minor Metal Department of Asian Metal, Joy Kong, associate analyst of Asian Metal, Lisa Li, associate analyst of Asian Metal.

At the same time, Li Liangbin expressed great interest in the “Minor Metal Summit 2012” , which will be held in Sanya by Asian Metal on October 24-26.

Jiangxi Ganfeng Lithium Co., Ltd.is a hi-tech enterprise which founded in 2000, covering science, industry and trade with an area of about 300 Chinese acres, registered capital of RMB75,000,000, 450 staff, 160 of them are engineers, technicians and administrators (80 of high-level and intermediate titles).

The corporate headquarter located at Longteng Road Xinyu Economic Development zone Jiangxi Province. The main products are lithium chloride, lithium fluoride, lithium carbonate, lithium hydroxide, lithium magnesium alloy and so on. The products are sold to US, Germany, South Korea, Holland and India.

Commenting on the future lithium market, Mr. Li liangbin believes that supply and demand is balanced at present. At the same time, spodumene price is firm, so he thinks that lithium products prices will remain firm in the rest of 2012. For the time being, lithium products are mostly extracted from brine and spodumene. The manufactures who get lithium products from brine are mainly in Chile, Argentina and Bolivia and global lithium concentrates supply mostly comes from Australia. Though Chinese lithium resources supply is abundant, the exploring cost is high, and Chinese lithium enterprises try to go out to find resources.