Tianqi Lithium

Tianqi Lithium is a Chinese company engaged in the mining, processing and sale of lithium and its derivatives, a critical mineral used in battery manufacturing. It is headquartered in Chengdu, China, and is listed on both the Shenzhen and Hong Kong stock exchanges. The company operates lithium concentrate and lithium chemical processing facilities and holds interests in spodumene mining assets, including a stake in the Greenbushes mine in Australia through its Talison Lithium joint venture. Tianqi also holds a significant minority stake in Chilean lithium producer SQM, giving it exposure to brine-based lithium production in South America. Its core products include lithium carbonate and lithium hydroxide, which are essential inputs for lithium-ion battery cathodes used in electric vehicles and energy storage systems. Tianqi ranks among the largest lithium chemical producers globally, competing with firms such as Albemarle, Ganfeng Lithium and SQM. Its revenue and profitability are closely tied to global lithium price cycles, which have shown significant volatility in recent years amid swings in electric vehicle demand and supply growth. The company has expanded internationally, including investments in Australia and exploration of downstream conversion capacity. Tianqi Lithium's growth reflects China's broader strategic push to secure upstream and midstream control of lithium supply chains supporting its dominant battery and electric vehicle manufacturing base. The company has grown from a domestic Chinese lithium processor into a globally integrated producer through acquisitions and joint ventures over the past decade.