Mining Digital June 2024 | Page 37

TIANQI LITHIUM
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TIANQI LITHIUM

MARKET CAPITALISATION : $ 25BN COUNTRY : CHINA
Tianqi Lithium is a major player in the lithium mining industry . With 3,000 employees , its key assets include the Greenbushes Lithium Mine in Australia – one of the world ’ s largest lithium reserves . The company uses openpit mining methods to extract lithium spodumene ore , and its lithium products cater to markets such as ceramics , glass , and industrial lubricants . Tianqi also operates lithium hydroxide and lithium carbonate conversion facilities in China to produce battery-grade materials . The company recently secured additional financing to expand its lithium production capacity amid surging global demand . miningdigital . com 37