Ganfeng goes to Germany

LITHIUM and cobalt from Australia will be used by German car giant BMW in fifth-generation battery cells for high-voltage batteries under a contract signed between BMW and Chinese lithium miner Ganfeng late last year.

Ganfeng goes to Germany Ganfeng goes to Germany Ganfeng goes to Germany Ganfeng goes to Germany Ganfeng goes to Germany

BMW's fifth generation electric powertrain technology

The five-year contract is worth about $873 million.

According to BMW's Dr Andreas Wendt, the signing secures BMW all the lithium hydroxide it needs for the battery cells.