Tianqi Lithium
Tianqi Lithium Corp (previously Sichuan Tianqi Lithium Industries, Inc.) is a Chinese mining and manufacturing company based in Sichuan.[1]

As of 2018, the company controls more 46% of the global production of lithium.[2][3]
Acquisitions
Tianqi has owned since 2009 a 51% ownership stake in Talison Lithium which operates the Greenbushes mine in Australia.[2] Tianqi announced in 2018 that it would invest US$600 million to construct a lithium processing plant in Kwinana, Western Australia.[4]
In 2018, Tianqi acquired a 24% stake in the Chilean mining company Sociedad Química y Minera (SQM) for approximately $4.1 billion.[2][5] Tianqi was to purchase 62.5 million SQM A shares for $65 each from Canadian fertilizer company Nutrien.[5]
Tianqi is currently in a legal dispute with MSP Engineering over the payment for building the lithium hydroxide plant in Kwinana Western Australia. MSP claim that Tianqi have failed to meet scheduled payments totalling over $39 million. A WA Supreme Court order handed down an order giving Tianqi seven days to pay MSP almost $39 million, something that Tianqi has refused to do, seeking a stay on the judgement. The matter is still before the courts. [6]
Carbon footprint
Tianqi Lithium Corp reported Total CO2e emissions (Direct + Indirect) for 31 December 2020 at 259 Kt.[7]
References
- Ng, Eric (June 4, 2018). "China goes all out to secure lithium, cobalt supplies – key to dominating the world electric car market". South China Morning Post.
- Rashi, Akshat (May 30, 2018). "One Chinese company now controls most of the metal needed to make the world's advanced batteries". Quarts.
- "Sichuan firm poised to control lion's share of the world's battery metal". South China Morning Post. 2018-05-23. Retrieved 2019-03-24.
- Colquhoun, Lachlan (January 23, 2018). "China charges Australia's lithium boom". Asia Times Online.
Chinese company Tianqi Lithium has announced an investment of around US$600 million to construct a lithium processing plant in Kwinana, Western Australia.
- Swamynathan, Yashaswini; Nicholson, Marcy (May 17, 2018). "China's Tianqi Lithium to buy a quarter of Chile's SQM for $4.1 billion". Reuters.
China’s Tianqi Lithium Corp (002466.SZ) said on Thursday it will buy nearly a quarter of Chilean lithium producer SQM SQMa.SN for $4.1 billion, gaining it coveted access to a key ingredient in rechargeable batteries that power mobile phones and electric cars.
- "Lithium plant builder sheds 400 as China's Tianqi refuses to pay". Australian Financial Review. 2021-03-10. Retrieved 2021-10-02.
- "Tianqi Lithium Corp's Sustainability Report for 2020Q4" (PDF). Archived from the original (PDF) on October 1, 2021. Alt URL