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Ganfeng Lithium: Collaboration Between GFL International and LAR to Form a Joint Venture
2025-08-12 /
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Author：小编
Ganfeng Lithium's wholly-owned subsidiary, GFL International, and Lithium Argentina AG (LAR) have announced plans to merge with Millennial Lithium Corp to create a joint venture. This venture aims to integrate the PPG, PG, and Puna lithium brine assets for the joint development of the Pozuelos-Pastos Grandes salt lake basin in Argentina. To support the construction of the PPGS lithium brine project and other objectives, Ganfeng Lithium or its subsidiary will extend financial aid up to US$130 million to LAR. This funding will be secured by LAR's equity stake in the merged Millennial entity. Nevertheless, the completion of this transaction remains contingent upon government approval, and the outcome remains uncertain at this stage.
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