Core Viewpoint - Ganfeng Lithium is planning to integrate and develop lithium brine assets in Argentina through a joint venture with Lithium Argentina AG, aiming to enhance its resource supply chain amid a downturn in the lithium industry [1][3]. Group 1: Asset Integration - Ganfeng Lithium's subsidiary, Ganfeng International, will collaborate with LAR to integrate Millennial Lithium Corp, injecting three lithium brine assets into a joint venture called the PPGS lithium brine project [1][2]. - After the integration, Ganfeng International and LAR will hold 67% and 33% of Millennial, respectively, and will jointly manage the PPGS project, which aims for an annual production capacity of 150,000 tons of lithium carbonate equivalent (LCE) [2]. Group 2: Financial Support and Sales Agreement - As part of the transaction, Ganfeng Lithium may provide up to $130 million in financial support to LAR, secured by LAR's equity in the integrated Millennial [2]. - LAR will commit to an annual sales agreement, providing Ganfeng Lithium with 50% of its sales rights or 6,000 tons of LCE, whichever is lower [2]. Group 3: Industry Performance and Company Outlook - The lithium industry has entered a downturn, with Ganfeng Lithium experiencing significant revenue declines, reporting a 21.16% drop in revenue to 32.972 billion yuan and a 75.87% decrease in net profit to 4.947 billion yuan in 2023 [4]. - In 2025, Ganfeng Lithium anticipates a net loss of 300 million to 550 million yuan, a reduction in losses compared to the previous year [4][5]. - The company attributes its losses primarily to falling sales prices of lithium salts and lithium battery products, which have impacted overall performance [5]. Group 4: Industry Self-Regulation - The China Nonferrous Metals Industry Association's lithium division has called for self-regulation within the industry to prevent unhealthy competition and ensure a stable supply chain [6].

Core Viewpoint - Ganfeng Lithium is expanding its operations by integrating lithium salt lake assets in Argentina through a joint venture with Lithium Argentina AG, aiming to enhance its resource self-sufficiency and strengthen its competitive position in the lithium market [1][2]. Group 1: Asset Integration and Development - Ganfeng Lithium's subsidiary, Ganfeng International, will hold 67% of the joint venture Millennial Lithium Corp after integrating three lithium salt lake projects: PPG, PG, and Puna [1][2]. - The PPGS lithium salt lake project is expected to utilize advanced direct lithium extraction technology, with a planned annual production capacity of 150,000 tons of lithium carbonate equivalent (LCE) [2]. - The integration aims to create a global, large-scale, efficient, and sustainable lithium product supply chain, enhancing resource utilization and accelerating project implementation [2]. Group 2: Increasing Self-Sufficiency - Ganfeng Lithium has been actively acquiring low-cost lithium resources, including the Goulamina project in Mali and the Cauchari-Olaroz project in Argentina, which is projected to produce 25,400 tons of LCE by 2024 [3]. - The company anticipates that its self-sufficiency rate will exceed 50% by 2025 as production from its owned mines ramps up [3]. Group 3: Market Dynamics and Pricing - The lithium market has seen a price recovery due to the suspension of several lithium mines in Yichun, with battery-grade lithium carbonate priced at 79,500 yuan per ton as of August 12, 2025 [3][4]. - Industry experts suggest that the current market conditions may sustain through the third and fourth quarters, depending on the recovery of Yichun mines and efforts to combat excessive competition [4]. Group 4: Technological Innovation and Downstream Integration - Ganfeng Lithium is focusing on technological innovation to improve resource utilization and product value, including advancements in desulfurization processes and automation to reduce costs [5]. - The company is developing a comprehensive solid-state battery ecosystem, with significant progress in various key components and multiple patents filed in solid-state battery technologies [5]. - Ganfeng Lithium aims to leverage its integrated upstream and downstream capabilities to accelerate the commercialization of solid-state batteries and support energy transition and industrial upgrades [5].

Group 1 - Shenzhen Jianyuan Energy Technology Co., Ltd. has been established with a registered capital of 130 million yuan [1] - The company's business scope includes industrial internet data services, commercial complex management services, software development, and battery manufacturing [1] - Shenzhen Jianyuan Energy is wholly owned by Shenzhen Yichu Energy Technology Co., Ltd., a subsidiary of Ganfeng Lithium Co., Ltd. (002460) [1]

Group 1 - Daoshi Technology reported a net profit of 230 million yuan for the first half of 2025, a year-on-year increase of 108.16%, despite a revenue decline of 11.64% to 3.654 billion yuan [1] - The company plans not to distribute cash dividends, issue bonus shares, or increase share capital from reserves, indicating a preference for reinvestment or debt repayment [1] Group 2 - Ganfeng Lithium announced a collaboration with LAR to integrate the PPG lithium salt lake project in Argentina, combining their respective holdings into the PPGS lithium salt lake project under Millennial [2] - Post-integration, Ganfeng International will hold 67% and LAR 33% of Millennial, with plans to develop a production line capable of producing 150,000 tons of lithium carbonate equivalent (LCE) annually using advanced direct lithium extraction technology [2] Group 3 - Tianhua New Energy has completed the development of lithium-rich manganese-based cathode materials, which have been sent to multiple solid-state battery customers for evaluation [3] - The materials demonstrated high specific capacity and stability, with some customers already achieving sales after passing evaluations, indicating potential growth opportunities for the company in the solid-state battery sector [3]

Group 1 - Ganfeng Lithium's wholly-owned subsidiary, Ganfeng International, is collaborating with LAR to develop the Pozuelos-Pastos Grandes salt lake basin in Argentina, integrating the PPG lithium salt lake project and other joint projects under Millennial [1] - After the integration, Ganfeng International and LAR will hold 67% and 33% of Millennial, respectively, and jointly own the PPGS lithium salt lake project [1] - As part of the transaction, Ganfeng will provide financial support of up to $130 million to LAR, secured by LAR's equity in the integrated Millennial [1] Group 2 - The integration of the PPGS lithium salt lake project aims to create a global, large-scale, efficient, and sustainable lithium product production supply chain [2] - This initiative is expected to enhance project potential and value, improve resource utilization, accelerate project implementation, and increase capital efficiency [2] - The strategy aligns with the company's integrated development approach, enhancing its core competitiveness and creating value for shareholders [2]

Group 1 - The core point of the article is that Ganfeng Lithium has announced the approval of a proposal to integrate a joint venture with LAR and provide financial support to LAR [2] Group 2 - The decision was made during the fourth meeting of the sixth board of directors of the company [2] - The announcement was made on the evening of August 12 [2]

关于资产合并，GFL International及Lithium Argentina应订立一份新的债务融资安排，据此，公司或其子 公司将向Lithium Argentina提供总额为1.3亿美元的财务资助，以支持Lithium Argentina的资金需求，包 括合并项目的开发或其他双方约定的用途。 现时正在进行可行性研究，LCE目标年产能最高达15万吨，分三期开发，每期5万吨。 赣锋锂业（002460）(01772)公布，截至本公告日期，公司的全资附属GFL International直接或间接拥有 (i)PPG项目公司100%的所有权权益，该公司拥有并运营PPG项目，(ii)PG项目公司14.89%的所有权权 益，该公司拥有并运营PG项目，及(iii)Puna项目公司的35%，该公司拥有并运营Puna项目;Lithium Argentina直接或间接拥有(i)PG项目公司85.11%的所有权权益，及(ii)Puna项目公司65%的所有权权益。 这三个项目彼此相邻，位于阿根廷萨尔塔省。 2025年8月12日，GFL International及Lithium Argentina订立框架协议，据此，双方决定通 ...

Group 1 - GFL International and Lithium Argentina have agreed to merge their interests in lithium projects in Argentina, specifically the PPG, PG, and Puna projects, into a joint venture, with GFL International holding 67% and Lithium Argentina holding 33% [1][2] - A new debt financing arrangement will provide Lithium Argentina with $130 million to support its funding needs, including the development of the merged projects [2][3] - The board believes that merging high-quality assets under a unified development plan will create a large-scale, efficient, and sustainable lithium product supply chain, enhancing the group's competitive edge and ultimately creating shareholder value [3] Group 2 - The feasibility study aims for a maximum annual production capacity of 150,000 tons of lithium carbonate equivalent (LCE), developed in three phases of 50,000 tons each [2] - GFL International will have the right to purchase all chemical products produced from the merged project in proportion to its ownership share, and Lithium Argentina will allocate up to 50% of its initial sales volume to GFL International at market prices [2][3] - The financial support provided to Lithium Argentina is a prerequisite for the asset merger, and it is expected to generate additional interest income for the group while not significantly impacting its working capital [3]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 （於中華人民共和國註冊成立之股份有限公司） （股份代號：1772） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B 條 刊 發。 根據中華人民共和國的有關法例規定，江西贛鋒鋰業集團股份有限公司（「本 公 司」）在 深 圳 證 券 交 易 所 網 站（http://www.szse.cn/）刊 發 了 以 下 公 告。茲 載 列 如 下，僅 供 參 閱。 承董事會命 江西贛鋒鋰業集團股份有限公司 董事長 李良彬 中 國‧江 西 二 零 二 五 年 八 月 十 二 日 於本公告日 期，董事會成員包括本公司執行董事李良彬先 生、王曉申先 生、沈海博先 生、黃婷女士及李承霖先 生；本公司非執行董事羅榮女 士； 以及本公司獨立非執行董事王金本先 生、黃浩鈞先 生、徐一新女士及徐 光華先 生。 证券代码：002460 证 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 （於中華人民共和國註冊成立之股份有限公司） （股份代號：1772） 須予披露及關連交易 組建合資企業 及 合資夥伴通過資產注入進行收購 及 LITHIUM ARGENTINA的資產注入 由 於PG項 目 公 司，Puna項目公司及Millennial於資產合併後將作為非全 資 附 屬 公 司 合 併 入 本 公 司 的 賬 目，根 據 上 市 規 則，Lithium Argentina向 Millennial的資產注入（「LAR資產注入」）將構成本公司對該等資產的收購。 提供財務 資 助 關 於 資 產 合 併，GFL International及Lithium Argentina應訂立一份新的債務 融 資 安 排（「新債務融資安排」），據 此，本 公司或其子公司 將 向Lithium Argentina提供總額為1.3億美元的 財務資 ...