Tianqi Lithium Corporation(002466) 5 on May 19, it was announced that the company launched the "24000 T / a battery grade lithium hydroxide project" (hereinafter referred to as "phase I lithium hydroxide project") in 2016, with Tlk, a subsidiary established by the company in Australia, as the implementation subject. After repeated debugging and optimization of the project, the first batch of about 10 tons of lithium hydroxide products passed the sampling and testing of the company's internal laboratory, and all parameters were confirmed to meet the battery grade lithium hydroxide standard on May 19. The product samples have been sent to the third-party Laboratory for independent inspection results.
The announcement shows that in order to realize the commercial production of the project, Tlk will provide products to different customers for quality certification. This process is expected to take 4-8 months. During this period, the company and Tlk will continue to focus on achieving and consolidating the stable, consistent and reliable operation of the plant.
Tianqi Lithium Corporation(002466) said that the project successfully produced the first batch of battery grade lithium hydroxide products, laying the foundation for the subsequent continuous mass production of the plant; After the customer passes the certification, the production capacity will be gradually increased to reach the design production capacity. The commissioning of the project will further expand the company's lithium salt processing capacity and enhance the company's profitability and the stability of profit growth; As the project is adjacent to the company's raw material source - greenbushes spodumene mine, it will further enhance the synergy between upstream and downstream; At the same time, it is conducive for the company to enter the international mainstream lithium battery material supply chain and enhance the international operation level.
