Tianqi Lithium

Name

Tianqi Lithium

Legal name

Tianqi Lithium Corporation (天齐锂业股份有限公司)

Website

https://en.tianqilithium.com

Company type

Public

Founded year

1992

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Lithium Chemicals & Battery Materials

NAICS

Battery Manufacturing (33591), Battery Manufacturing (335910)

SIC

Miscellaneous Chemical Products (2890)

akta.pro primary industry

Lithium Mining & Brine Extraction (IMAKAFAA)

akta.pro secondary industries

Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI), Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA), Lithium-ion Battery Recycling (Mechanical, Hydro, Direct Recycling) (EUAIAIAF)

Keywords

• Lithium carbonate production
• Lithium hydroxide manufacturing
• Spodumene mining
• Battery materials supply
• Lithium chemicals

Headquarters

HQ city

Chengdu

HQ country

China

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Infrastructure, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Lithium Product Sales: Tianqi Lithium generates revenue primarily through the production and sale of lithium products including spodumene concentrate, lithium carbonate, and lithium hydroxide. The company operates a vertically integrated model covering the entire lithium value chain from ore extraction to chemical processing. Revenue is derived from selling to battery manufacturers, EV producers, and energy storage companies globally.
2. Equity-linked Funding and Capital Markets: The company raises capital through equity placements and convertible bond issuances on Hong Kong and Shenzhen stock exchanges to fund lithium sector development and acquisitions.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Tianqi Lithium is a vertically integrated new energy materials company that extracts, processes, and distributes lithium products. It mines spodumene concentrate (including from the world-leading Greenbushes operation in Australia where it holds a 51% interest) and converts it into battery-grade lithium carbonate and lithium hydroxide for sale to global battery manufacturers, electric vehicle OEMs, and energy storage system providers. The company covers all critical stages of the lithium value chain from ore to chemicals.

Product overview

Tianqi Lithium is a vertically integrated new energy materials company covering all critical stages of the lithium value chain from ore to chemicals. The company operates world-class lithium resource assets including the Greenbushes mine in Australia (51% ownership), produces battery-grade lithium carbonate and lithium hydroxide, and provides products and services to over 20 countries and regions globally. The product portfolio includes core lithium compounds (lithium carbonate, lithium hydroxide), raw materials (spodumene concentrate), and proprietary recycling and resource utilization technologies.

Differentiator

Problem solved

Functional benefit

Brands

• Tianqi Lithium Branded Lithium Carbonate: First registered brand for lithium carbonate futures on the Guangzhou Futures Exchange, representing product quality certification and standardized production processes

Products and services

• Lithium Carbonate Battery-grade lithium carbonate product serving the electric vehicle and energy storage battery supply chain; the company's flagship product registered as the first branded deliverable for lithium carbonate futures on the Guangzhou Futures Exchange.
• Lithium Hydroxide Battery-grade lithium hydroxide monohydrate product for lithium-ion battery applications, produced through the company's vertical integration from ore to chemicals.
• Spodumene Concentrate Lithium concentrate from hard rock mining operations, primarily sourced from the Greenbushes mine in Australia (51% ownership), serving as feedstock for downstream lithium chemical production.
• Integrated Technology for Resource Utilization of Spodumene Smelting Slag Proprietary technology for comprehensive utilization of industrial solid waste from lithium smelting slag, recognized at both national and provincial levels for contributions to energy conservation and carbon reduction.

Quantifiable outcome

• Over 15% of global lithium supply by 2026
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered strategic and core.

• Envision Greenwise Holdings LimitedstrategicStrategic or Co-development Partner · 28 January 2026Tianqi Lithium signed a Strategic Cooperation Agreement with Envision Greenwise to collaborate on lithium battery recycling and reutilization in Hong Kong. The partnership focuses on three core areas: (1) joint R&D to address key recycling challenges and enhance recovery of high-value materials such as black mass, (2) leveraging Hong Kong as a global bridge to expand overseas battery recycling operations, and (3) building a resource-closed-loop advantage with Envision supplying qualified black mass materials to Tianqi. Envision Greenwise launched Hong Kong's first lithium battery black mass production line on January 16, 2026.
• Talison Lithium (Greenbushes Mine)coreStrategic or Co-development Partner · 1 January 2024Tianqi Lithium holds 51% ownership of Talison Lithium which operates the Greenbushes mine in Western Australia - the world's largest hard-rock lithium operation. Albemarle Corporation holds the remaining 49%. The mine supplies over 20% of the world's lithium, making it a critical source for global battery production and the electric vehicle supply chain. Economic contributions exceed $500 million AUD in annual exports.
• SQM (Sociedad Quimica y Minera de Chile)coreStrategic or Co-development Partner · 1 January 2018Tianqi Lithium acquired approximately 22% stake in SQM for $4.1 billion in 2018 to secure access to Chile's Atacama salt flat lithium resources. Following Chile's nationalization efforts, SQM merged with state-owned Codelco to form Nova Andino Litio SpA, with Codelco taking operational control by 2031. Tianqi has been fighting the deal in Chilean courts and announced plans to reduce its stake after losing legal challenges in January 2026. The company authorized potential disposal of up to 1.25% of its SQM stake valued at approximately $206 million.
• Upstream and Downstream Partners in ChinacoreStrategic or Co-development PartnerTianqi Shares (subsidiary) continues building a closed-loop ecosystem for power battery remanufacturing and reuse with upstream and downstream partners in China, contributing to the circular economy for EV batteries.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Liontown Resources: Australian hard-rock lithium developer (Kathleen Valley) with downstream chemical ambitions. Comparable in hard-rock spodumene concentrate to Tianqi's Greenbushes product, though at earlier stage of development.

Regional players

• Sichuan Yahua Industrial Group: China-based lithium chemicals producer (Li2CO3, LiOH) serving domestic battery customers. Comparable in product portfolio and customer base, with primarily Sichuan-sourced feedstocks — a Chinese regional competitor.

Broad incumbents

• POSCO Future M: Korean materials giant producing cathode precursors and lithium chemicals as part of broader battery materials portfolio. Comparable in Li2CO3/LiOH output and battery OEM customers, with broader diversification across cathode and anode materials.

Direct peers

• SQM (Sociedad Química y Minera de Chile): Chilean lithium chemicals producer with leading brine assets in the Atacama. Although Tianqi is a shareholder (~22%), SQM is a direct peer producing Li2CO3/LiOH at globally significant scale for the same EV/battery customer set.
• Ganfeng Lithium: China's largest and most diversified lithium producer — operates lithium resource assets across brine, hard-rock, and clay globally and produces Li2CO3, LiOH, and metallic lithium. Directly comparable vertically integrated model and identical China-based battery customer base.
• Pilbara Minerals: Australian hard-rock spodumene producer (Pilgangoora) selling concentrate to Asian chemical converters. Direct comparable to Tianqi's Greenbushes/Talison spodumene concentrate business in customer base, product, and geography.
• Mineral Resources Limited: Australian lithium hard-rock producer with Mt Marion operation and Tianqi JV exposure (Tianqi-Li Kwinana refinery). Comparable upstream hard-rock exposure and downstream chemical processing ambitions.
• Albemarle Corporation: Largest Western lithium producer and Tianqi's JV partner at Greenbushes (49% owner). Operates integrated hard-rock and brine assets producing Li2CO3/LiOH for the same global battery and EV OEM customer base — directly comparable vertically integrated business model.
• IGO Limited: Australian critical minerals producer and Tianqi's JV partner at the Tianqi-Li Energy Kwinana lithium hydroxide refinery. Comparable in operating exposure to Western Australian hard-rock lithium supply chains and battery-grade chemical conversion.
• Arcadium Lithium (now part of Rio Tinto): Global lithium chemicals producer (formerly Livent + Allkem) integrated from brine and hard-rock assets into battery-grade Li2CO3/LiOH — directly overlapping product portfolio and customer base with Tianqi.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tianqi-lithium

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tianqi Lithium