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Ganfeng Lithium: Focus On Financial Leverage Increase And Upstream Mix Changes

I retain my Hold rating for Ganfeng Lithium after considering the increase in the company's net debt-to-equity ratio and its efforts to optimize upstream capacity mix.Elevated interest costs resulting from higher financial leverage will likely hurt GNENF's bottom line performance in the near term.Ganfeng Lithium's investments in low-cost upstream projects in Argentina and Mali are expected to improve the company's long-term profitability due to expectations of a favorable change in upstream capacity mix. simonkrI continue to award a Hold investment rating to Ganfeng Lithium Group Co., Ltd.'s shares. GNENF's efforts to optimize its upstream lithium resources capacity mix should translate into an improvement in profitability in the long
Ganfeng Lithium: Focus On Financial Leverage Increase And Upstream Mix Changes

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