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GANFENGLITHIUM Rallies ~7% at Midday; World's Largest Lithium Mine Cuts Full-Yr Output Forecast
Australian mining company IGO has axed its full-year output forecast for Greenbushes, the world's largest hard-rock lithium mine, from 1.5-1.65 million tons to 1.38-1.43 millio...
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GANFENGLITHIUM Rallies ~7% at Midday; World's Largest Lithium Mine Cuts Full-Yr Output Forecast
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Australian mining company IGO has axed its full-year output forecast for Greenbushes, the world's largest hard-rock lithium mine, from 1.5-1.65 million tons to 1.38-1.43 million tons.

IGO based its decision on a number of systemic issues that need time to resolve, including challenges related to safety performance, ore grades, recovery rates, maintenance, and plant reliability.

Related News Citi Upbeat on Lithium Price Outlook; Raises TP on GANFENGLITHIUM (01772.HK) and TIANQI LITHIUM (09696.HK)
Greenbushes is 51%-owned by a joint venture between IGO and TIANQI LITHIUM (09696.HK)  0.000 (0.000%)    Short selling $653.24K; Ratio 0.336%   . TIANQI LITHIUM surged 5.44% to HKD60.1 at midday, with a volume of 6.685 million shares, involving HKD389 million. GANFENGLITHIUM (01772.HK)  0.000 (0.000%)    Short selling $36.62M; Ratio 6.747%   also ended the midday up 6.99% at HKD80.4, with a volume of 7.6449 million shares, involving HKD594 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-03 16:25.)

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