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blockchaingamespc| Ganfeng Lithium Industry's share price rose 6.71%: Increased self-supply rate and improved costs helped profit growth

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Ganfeng Lithium Industry's share price risesblockchaingamespc, recorded 6 in early tradingblockchaingamespc.71% increase [Ganfeng Lithium Industry's share price rose significantly by 6.71% in early trading. As of press time, the price had risen to HK$27.05, and the transaction volume reached HK$107.3 million.] As the resource harvest period approaches, the company's self-supply rate is expected to increase. Analysis from Changjiang Securities pointed out that in 2024, the comprehensive cost of Ganfeng Lithium Industry is expected to improve. Cost optimization at the MtMarion mine, production capacity increase in low-cost CO Salt Lake, and the launch of the Goulamina project in Mali will all drive further growth in the company's own resource output. In addition, as lithium prices stabilize and the concentrate pricing mechanism shifts to M+1, the company's profitability is expected to increase month-on-month. [Changjiang Securities is optimistic about the prospects of Ganfeng Lithium Industry. It is expected that with the reduction of production costs and the increase in self-supply rate, the company will usher in an improvement in profitability.]

blockchaingamespc| Ganfeng Lithium Industry's share price rose 6.71%: Increased self-supply rate and improved costs helped profit growth