On June 16, Ganfeng Lithium Industry announced that its overseas platform Ganfeng International had reduced its holdings of nearly 35.1 million shares of PLS, an Australian lithium mining company, and the transaction was equivalent to about 1.1 billion yuan in cash.
It is noteworthy that Ganfeng International still holds about 3.27% of PLS after the sale, which means that it has not completely withdrawn from the Australian lithium mining company, and the long-term underwriting agreement signed by the two sides for 160000 tons of lithium concentrate per year remains completely unchanged.
In fact, this is the second time that Ganfeng Lithium Industry has reduced its PLS shares since 2026, and the first round of reduction in January this year has brought about a cumulative pre-tax income of about 709 million yuan.
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