
World's Largest Lithium Mine Cuts Full-Year Output Forecast; Ganfeng Lithium Gains Nearly 7% at Midday

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Australian mining company IGO has reduced its full-year output forecast for the Greenbushes lithium mine from 1.5-1.65 million tonnes to 1.38-1.43 million tonnes due to systemic issues. Greenbushes, which supplies about 20% of global lithium, is jointly owned by IGO and Tianqi Lithium. Ganfeng Lithium shares rose nearly 7% at midday, closing at HKD80.4, while Tianqi Lithium also saw gains, closing at HKD60.1.
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