Ganfeng Lithium Co.Ltd(002460) : Announcement on the expansion progress of mtmarion project

Securities code: Ganfeng Lithium Co.Ltd(002460) securities abbreviation: Ganfeng Lithium Co.Ltd(002460) No.: pro 2022028 Ganfeng Lithium Co.Ltd(002460)

Announcement on the expansion progress of MT Marion project

The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.

Recently, Ganfeng Lithium Co.Ltd(002460) (hereinafter referred to as "the company") and its partner mineral resources limited agreed to upgrade the ore processing capacity of MT Marion spodumene project under the joint venture reed industrial minerals Pty Ltd (hereinafter referred to as "rim"). According to the calculation results, it is estimated that the lithium concentrate capacity of mtmarion spodumene project will increase from 450000 T / A to Shanghai Pudong Development Bank Co.Ltd(600000) T / a before April 2022. Meanwhile, rim is planning the second phase of capacity expansion, and plans to expand the existing lithium concentrate capacity to 900000 tons / year, which is expected to be completed by the end of 2022.

The above reconstruction and expansion plan is only the preliminary calculation results, and there are still some uncertainties and risks such as failure to reach the production capacity on time. Please invest rationally and pay attention to the investment risks.

It is hereby announced.

Ganfeng Lithium Co.Ltd(002460) board of directors

April 6, 2022

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