Ganfeng Lithium plans to jointly build a 5GWh lithium battery project overseas

Ganfeng Lithium announced that it has signed a cooperation agreement with YIGIT AKU. The two parties decided to establish a joint venture in Turkey and plan to invest US$500 million to build a lithium battery project with an annual output of 5GWh in Turkey. The project will focus on the research and development of advanced lithium battery technologies such as solid-state batteries and high-power batteries.