Key takeaways:
- Ganfeng Lithium said its profit last year surged as much as 4.37 times on soaring lithium prices
- Company's new battery-related projects and new production capacity could provide important future growth engines
By Fai Pui
Sometimes known as "white oil", lithium is probably the most talked-about periodic table element in financial markets lately. You are also probably no stranger to it, either. Given how important it is for the production of new energy vehicle batteries, people in the Chinese car industry like to joke that electric battery makers holds the purse strings of electric vehicle (EV) makers...
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