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Ganfeng Lithium

 

Ganfeng Lithium to play an active role in Sonora’s development and commercialisation

 

CORNERSTONE INVESTMENT BY
TOP TIER GLOBAL LITHIUM PRODUCER

STRATEGIC 28.88% INVESTMENT AT THE CORPORATE LEVEL

50% INVESTMENT AT SONORA LITHIUM PROJECT LEVEL

COMMERCIALS

  • Cornerstone investment by top tier global lithium producer
  • Strategic 28.88% investment at the Corporate level
  • 50% investment at Sonora Lithium Project level
  • 50% offtake for Stage 1 Production and up to 75% offtake for Stage 2
  • FOB contract for battery grade lithium carbonate at market pricing

DEVELOPMENT

  • Access to Ganfeng’s engineering database and design team
  • EPC engineering delivery for lithium plant
  • Conducting a review of current EPC engineering design focused on reducing the US$420m capital cost
  • Assist with finalising an EPC engineering contract, plant construction, commissioning and early operations phases
  • Provide a team to assist Bacanora in commissioning the plant
  • Strong expertise in Nevada lithium clays
  • Lithium plant operating experience in China, Australia and Argentina
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