Goulamina by Ganfeng Lithium: status and timeline

Milestones

Next · Phase II development initiated

Phase I production commenced15 Dec 2024Complete.
H1 2026 production: 233.8 kt of lithium concentrateJun 2026Complete.
Phase II development initiatedTarget 2026Current milestone.
Phase II production start (target ~1 Mt/yr)Target 2028Not yet reached.

Most important updates

Ganfeng's Goulamina Phase I reaches production; 506,000 tonnes per year of lithium concentrateJan 2025

Upcoming

2026Phase II development initiated (next)
2028Phase II production start (target ~1 Mt/yr)

Current obstacles

Infrastructure and logistics in MaliDeveloping reliable power, transportation, and supply-chain infrastructure in a landlocked region is a major operational challenge.

Physics limits

Ore grade variabilitySpodumene ore grades vary across the deposit, affecting processing costs and recovery rates as mining extends to lower-grade zones.

How it works

2 parts

Spodumene Ore

Hard-rock lithium source

Goulamina is a pegmatite-hosted spodumene deposit, a hard-rock lithium ore. Mining and concentrating spodumene ore is a proven process used worldwide.

Concentration

Ore to concentrate via crushing and flotation

Raw ore is mined, crushed, and processed through flotation to produce lithium concentrate, which is then sold to downstream chemical processors.

Spec sheet

Spec	Goulamina
Phase I annual production capacity	506,000 tonnes lithium concentrate^R (reported)
H1 2026 production	233.8 thousand tonnes^R (reported)
Phase II target capacity	~1 million tonnes per year^R (reported)

^R reported by the company

Update log

1 update

Jan 2025

Major: Ganfeng's Goulamina Phase I reaches production; 506,000 tonnes per year of lithium concentratePressHardware

About Ganfeng Lithium

The team behind Goulamina

Ganfeng Lithium

Goulamina Mali, Mariana Argentina, top-3 lithium producer

Ganfeng Lithium is one of the world's largest lithium producers with operations across China, Argentina, Australia, Africa, Mexico, and Europe. The company extracts and processes lithium from hard-rock mines and brine projects, supplying battery makers globally.

One of the world's top-3 lithium producers; operates mines and plants in China, Mali, Argentina, Australia, and Mexico.
Goulamina (Mali): 506 kt/yr Phase I production in operation; Phase II under development.
Mariana (Argentina): 8.1M tonnes proven reserves; production began Feb 2025; ramping $600M investment.

ganfenglithium.com (opens ganfenglithium.com)Company profile →

Founded: 200026 yrs
Headquarters: China
Status: Public
Valuation: $12Best. market capOct 2026estimate
Staff: ~8,000
Works in: MaterialsLithium & critical minerals
Coverage: 2 programs · 4 updateslatest 1 Jun 2026checked 11 Oct
Customers: Contemporary Amperex Technology Co. (CATL) (opens catl.com)BYD (opens bydglobal.com)
People: Li Liangbin (opens en.wikipedia.org)Chairman & CEO

Spec

Goulamina

Phase I annual production capacity

506,000 tonnes lithium concentrate^R (reported)

H1 2026 production

233.8 thousand tonnes^R (reported)

Phase II target capacity

~1 million tonnes per year^R (reported)