China’s Tianqi has axed a major expansion of its lithium hydroxide refinery in Kwinana, Western Australia, as the poor market conditions for the alkali metal hammer the industry. Tianqi runs the ...
According to Wood Mackenzie, Tianqi ... its lithium compounds and derivatives manufacturing capacity is scheduled to reach 101,600 tons in 2024, with full operation of Phase I of Kwinana plant ...
Kwinana, south of Perth, is owned by TLEA, which is 51% owned by China’s Tianqi Lithium (SHE: 002466) and 49% by IGO. The TLEA loss included an impairment of A$524.6 million against the Kwinana ...
Through a joint venture with narrow-moat Tianqi Lithium, IGO also owns a 49% interest in the Kwinana lithium hydroxide refinery. Lithium hydroxide is primarily used to produce cathode materials ...
“There are a lot of unknowns.” The Kwinana refinery is fed with lithium from IGO and Tianqi’s share of Greenbushes, the world’s largest hard rock lithium mine. Lithium-rich spodumene ...
China’s Tianqi and partner IGO are understood to be considering mothballing their loss-making lithium hydroxide plant at Kwinana south of Perth after shelving plans to boost capacity.
executed through its subsidiaries Tianqi Lithium Kwinana Pty Ltd and Tianqi Lithium Energy Australia Pty Ltd. YTD Price Performance: 1.46% Average Trading Volume: 1,968,892 Technical Sentiment ...
He held senior finance positions with Aurizon, Wesfarmers, BGC Australia and DUET Group before joining Tianqi Lithium’s Kwinana operation in 2019 as general manager finance. In September 2021, Mr ...
The Kwinana setback has followed rival Wesfarmers and its partner SQM commissioning their own lithium hydroxide refinery at a site almost next door to the Tianqi and IGO plant. Wesfarmers and SQM ...