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Cash is king in lithium space

Chinese battery metal producer Ganfeng Lithium has been busy in August, buying SQM’s 37.5% stake in Lithium Americas’ Cauchari-Olaroz project in Argentina for US$87.5 million, and signing a supply agreement with Korea’s LG Chem to supply 47,600 tonnes of lithium.

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Ganfeng recently acquired SQM's stake in Lithium America's Cauchari-Olaroz project in Argentina

Mining Journal spoke with Benchmark Mineral Intelligence analyst Andy Leyland about Ganfeng's activities, falling prices, outlook for the market and other recent trends.