Ganfeng Lithium (002460.SZ): Plans to collaborate with LAR to jointly develop the Pozuelos-Pastos Grandes salar basin in Argentina through the integration of Millennial.

China Fortune Financial News App. Ganfeng Lithium (002460.SZ) announced that its wholly-owned subsidiary, Ganfeng International, and LAR have jointly developed the Pozuelos-Pastos Grandes salt basin in Argentina through the integration of the company's wholly-owned PPG lithium salt lake project, the jointly owned PG lithium salt lake project (with the company holding 14.89% equity and LAR holding 85.11%), and the Puna lithium salt lake project (with the company holding 35% equity and LAR holding 65%) under Millennial (referred to collectively as the "PPGS lithium salt lake project"). After the integration, Ganfeng International and LAR will respectively hold 67% and 33% of Millennial's shares, and jointly hold the PPGS lithium salt lake project according to their share of ownership.