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Ganfeng
Ganfeng Lithium Co., Ltd. is a company that produces lithium, lithium products, other metals, and batteries in mainland China and globally. It was founded by Li Liangbin in 2000 and is headquartered in Xinyu, Jiangxi. It is the largest lithium salt producer in China and the third largest in the world, as well as the second largest lithium processor in the world (after the Chilean Sociedad Química y Minera). It is traded on both the Shenzhen Stock Exchange () and the Hong Kong Stock Exchange () and has a market capitalization of US$26 billion. Origins Ganfeng Lithium was founded in 2000 by Li Liangbin (李良彬) and Li Huabiao (李华彪) in Xinyu City, Jiangxi. In 2003, the company built a lithium production base. The company's leaders, Li Liangbin and Wang Xiaoshen (王晓申), are both of poor, rural origins. The company started out in chemical processing, but it has expanded its scope by developing mines internationally. In 2017 it began producing batteries for the grow ...
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Lithium Hydroxide
Lithium hydroxide is an inorganic compound with the formula LiOH. It can exist as anhydrous or hydrated, and both forms are white hygroscopic solids. They are soluble in water and slightly soluble in ethanol. Both are available commercially. While classified as a strong base, lithium hydroxide is the weakest known alkali metal hydroxide. Production The preferred feedstock is hard-rock spodumene, where the lithium content is expressed as % lithium oxide. Lithium carbonate route Lithium hydroxide is often produced industrially from lithium carbonate in a metathesis reaction with calcium hydroxide: : The initially produced hydrate is dehydrated by heating under vacuum up to 180 °C. Lithium sulfate route An alternative route involves the intermediacy of lithium sulfate: :α-spodumene → β-spodumene :β-spodumene + CaO → + ... : : The main by-products are gypsum and sodium sulphate, which have some market value. Commercial setting According to Bloomberg, Ganfeng Lithiu ...
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Sociedad Química Y Minera
Sociedad Química y Minera de Chile (SQM) is a Chilean chemical company and a supplier of plant nutrients, iodine, lithium and industrial chemicals. It is the world’s biggest lithium producer. SQM's natural resources and its main production facilities are located in the Atacama Desert in Tarapacá and Antofagasta regions. History State company (1968-1983) Created in 1968 as a ''Sociedad Minera Mixta'' between private investors and the State of Chile (Compañía Salitrera Anglo-Lautaro 62.5% and CORFO 37.5%). The new company was made up of the combination of the deposits and assets of the Compañía Salitrera Anglo-Lautaro and the Empresa Salitrera Victoria owned by CORFO. At the end of 1966 the problem of the expiration of the state enterprise managed by COVENSA 30 July 1968 and how to organize the nitrate industry arose. Negotiations with Anglo-Lautaro to establish a partnership led to the creation of SQM, with the intent to restructure the declining nitrate production, i ...
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Publicly Traded Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Dongfeng Motor Corporation
Dongfeng Motor Corporation Ltd. is a Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei. Founded in 1969, it is currently the third largest of the " Big Four" state-owned car manufacturers of China, namely: SAIC Motor, FAW Group, Dongfeng Motor Corporation, and Changan Automobile, with car sales of 5.37 million, 3.50 million, 3.28 million and 2.30 million in 2021 respectively. The company develops and markets vehicles under its own branding, such as Venucia, Fengdu, Voyah, Aeolus, Forthing, as well as under foreign-branded joint ventures such as Dongfeng-Honda, Dongfeng-Nissan and Dongfeng-Peugeot Citroën (all via subsidiary Dongfeng Motor Group). In 2021, foreign-branded cars took 79% of sales. It also produces electric vehicles under some of the previously listed brandings, including dedicated EV brands such as Voyah. In addition to commercial and consumer vehicles, it also manufactures parts and cooperates with foreign companies. Dongfeng has one ...
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Samsung
The Samsung Group (or simply Samsung) ( ko, 삼성 ) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the ''Samsung'' brand, and is the largest South Korean (business conglomerate). Samsung has the eighth highest global brand value. Samsung was founded by Lee Byung-chul in 1938 as a trading company. Over the next three decades, the group diversified into areas including food processing, textiles, insurance, securities, and retail. Samsung entered the electronics industry in the late 1960s and the construction and shipbuilding industries in the mid-1970s; these areas would drive its subsequent growth. Following Lee's death in 1987, Samsung was separated into five business groups – Samsung Group, Shinsegae Group, CJ Group and Hansol Group, and JoongAng Group. Notable Samsung industrial affiliates include Samsung Electronics (the wor ...
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LG Corporation
LG Corporation (or LG Group) (), formerly Lucky-Goldstar from 1983 to 1995 (Korean: ''Leokki Geumseong''; ), is a South Korean multinational conglomerate founded by Koo In-hwoi and managed by successive generations of his family. It is the fourth-largest chaebol in South Korea. Its headquarters are in the LG Twin Towers building in Yeouido-dong, Yeongdeungpo District, Seoul. LG makes electronics, chemicals, and telecommunications products and operates subsidiaries such as LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LG Chem, and LG Energy Solution in over 80 countries. History LG Corporation was established as Lak Hui Chemical Industrial Corp. in 1947 by Koo In-hwoi. In 1952, Lak Hui (락희) (pronounced "Lucky"; now LG Chem) became the first South Korean company to enter the plastics industry. As the company expanded its plastics business, it established GoldStar Co. Ltd. (now LG Electronics Inc.) in 1958. Both companies Lucky and GoldStar merged to f ...
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H Shares
H shares () refer to the shares of companies incorporated in mainland China that are traded on the Hong Kong Stock Exchange. Many companies float their shares simultaneously on the Hong Kong market and one of the two mainland Chinese stock exchanges in Shanghai or Shenzhen, they are known as A+H companies. H shares are also held by a nominee service company "HKSCC Nominees Limited", which was owned by Hong Kong Exchanges and Clearing. Price discrepancies between the H shares and the A share counterparts of the same company are not uncommon. A shares generally trade at a premium to H shares as the People's Republic of China government restricts mainland Chinese people from investing abroad and foreigners from investing in the A-share markets in mainland China. Index for H shares The index for H shares was called Hang Seng China Enterprises Index. (). See also *Chip * A share * B share * Red chip companies incorporated outside mainland China but main business was related ...
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Dual-listed
A dual-listed company or DLC is a corporate structure in which two corporations function as a single operating business through a legal equalization agreement, but retain separate legal identities and stock exchange listings. Virtually all DLCs are cross-border, and have tax and other advantages for the corporations and their stockholders. In a conventional merger or acquisition, the merging companies become a single legal entity, with one business buying the outstanding shares of the other. However, when a DLC is created, the two companies continue to exist, and to have separate bodies of shareholders, but they agree to share all the risks and rewards of the ownership of all their operating businesses in a fixed proportion, laid out in a contract called an "equalization agreement". The equalization agreements are set up to ensure equal treatment of both companies’ shareholders in voting and cash flow rights. The contracts cover issues that determine the distribution of these ...
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Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or to assets owned by lower levels of government (such as municipalities) being transferred to the state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization. Industries often subject to nationalization include the commanding heights of the economy – telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water – though, in many jurisdictions, many such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. ...
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Andrés Manuel López Obrador
Andrés Manuel López Obrador (; born 13 November 1953), also known by his initials AMLO, is a Mexican politician who has been serving as the 65th president of Mexico since 1 December 2018. He previously served as Head of Government of Mexico City from 2000 to 2005. Born in Tepetitán, in the municipality of Macuspana, in the south-eastern state of Tabasco, López Obrador earned a degree in political science from the National Autonomous University of Mexico following a hiatus from his studies to participate in politics. He began his political career in 1976 as a member of the Institutional Revolutionary Party (PRI). His first public position was as director of the Indigenous Institute of Tabasco, where he promoted the addition of books in indigenous languages and the project of the Chontal ridge. In 1989, he joined the Party of the Democratic Revolution (PRD), becoming the party's 1994 candidate for Governor of Tabasco, and national leader between 1996 and 1999. In 2000, he ...
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Ségou Region
Ségou Region ( Bambara: ߛߋߓߎ ߘߌߣߋߖߊ tr. Segu Dineja) is an administrative region in Mali, situated in the centre of the country with an area of , around 5% of Mali. The region is bordered by Sikasso Region on the south, Tombouctou and Mopti on the east, Burkina Faso to the southeast and the Koulikoro Region to the west. In 2009 it had 2,336,255 inhabitants, making it the second most populous region of Mali. Its administrative capital is the town of Ségou. Climate The Ségou Region is characterized by a semi-arid climate (average yearly rainfall: 513 mm) and irrigated by two important waterways: the Niger and the Bani River, allowing irrigation for agriculture. Ségou has two seasons: a rainy season and a dry season. The rainy season starts in June and lasts about four months until September. On the other hand, the dry season includes a cold period and a period of heat. The average yearly rainfall is about 513 mm. The harmattan is the dominant wind in the dr ...
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Spodumene
Spodumene is a pyroxene mineral consisting of lithium aluminium inosilicate, Li Al( Si O3)2, and is a source of lithium. It occurs as colorless to yellowish, purplish, or lilac kunzite (see below), yellowish-green or emerald-green hiddenite, prismatic crystals, often of great size. Single crystals of in size are reported from the Black Hills of South Dakota, United States. The naturally-occurring low-temperature form α-spodumene is in the monoclinic system , and the high-temperature β-spodumene crystallizes in the tetragonal system. α-spodumene converts to β-spodumene at temperatures above 900 °C. Crystals are typically heavily striated parallel to the principal axis. Crystal faces are often etched and pitted with triangular markings. Discovery and occurrence Spodumene was first described in 1800 for an occurrence in the type locality in Utö, Södermanland, Sweden. It was discovered by Brazilian naturalist Jose Bonifacio de Andrada e Silva. The name is derived fro ...
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