Lithium producer Ganfeng plans $500 million battery plant in Turkey

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Investments

The project is expected to include a lithium battery production line and a battery pack production line with a design capacity of 5 GWh

Mainland China-based lithium producer Ganfeng plans to set up a joint venture company in Turkey, with plans to invest $500 million in building a 5-GWh lithium battery manufacturing plant, according to a news report published by CnEVPost on Aug. 16.

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