Tianqi Lithium plans for expansion
Published: Wednesday, 27 April 2016
News that Tianqi is also planning to expand its hydroxide offering is not a major surprise as the company has aggressively grown in the last few years and is taking full advantage of the bullish market situation at the moment. It does mean, however, that there will be more capacity in China, to sate domestic demand.
Lithium major Tianqi Lithium Industries Inc., said in its
2015 annual results released on Saturday, that it hopes to
expand its lithium hydroxide production by 20,000 tpa over
the next four years.
The Chinese company said it is in the primary stages of
researching the proposed expansion, although...