China's Ganfeng Lithium stakes out overseas claims in hot market

Lithium 'supermarket' aims to double production by 2025 as EV demand swells

20211206N ganfeng lithium mine

Ganfeng Lithium holds a stake in the Mount Marion lithium project in Western Australia. (Photo courtesy of Ganfeng Lithium)

TAKASHI KAWAKAMI, Nikkei staff writer

GUANGZHOU -- China's Ganfeng Lithium is snapping up lithium mines and salt lakes abroad as it plots out an ambitious road map for growth amid a pivot to electric vehicles.

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