Company ProfilePremium

Tianqi Lithium

Company Profile Analysis

ESOMAR 23 Corporate BadgeISO Certifications Badge
Tianqi Lithium - Energy & Power showcase

Year Founded & Workforce

2000

2,000 Employees

Industry

Energy & Power

Services

Lithium & Lithium Minerals
T

Tianqi Lithium Employee Contacts

3 verified contactsNames, job titles, seniority and locations

View Employee Contacts

Tianqi Lithium Overview

Company Headquarters: Chengdu, China

Founded: 2000

Workforce: ~ 2,000

Company Working: Tianqi Lithium Corporation is a Chinese company specializing in the production and supply of lithium and its derivatives. It is one of the largest lithium producers in the world and plays a significant role in the lithium industry. Tianqi Lithium Corporation is a publicly traded company listed on the Shenzhen Stock Exchange in China. Tianqi Lithium is primarily engaged in the mining, processing and refining of lithium. The company obtains lithium through its mining operations and then processes it into various lithium compounds and products used in batteries, ceramics, glass and other industries. Tianqi Lithium Corporation owns significant lithium assets, including the Greenbushes lithium mine in Western Australia, which is one of the world's largest sources of high-grade lithium. The company also operates processing plants and refineries in China, as well as joint ventures and partnerships around the world.

Tianqi Lithium has a global presence and exports its lithium products to customers worldwide. It has established partnerships and supply agreements with various consumers of lithium, including battery manufacturers, electric vehicle manufacturers and other industries that rely on lithium-based products. Tianqi Lithium Corporation has made strategic investments in other lithium-related companies. In particular, it acquired a stake in Sociedad Química y Minera de Chile (SQM), a leading lithium producer, to strengthen its global lithium supply chain and expand its market reach.

Strategy

Tianqi Lithium strives to be committed to improving human life through the use of lithium and continues to contribute to the sustainable use of energy and the improvement of the ecological environment. Through continuous innovation, the company aims to lead industrial and global development. The company believes that the qualities that its employees bring to work contribute to the recognition and high standing of Tianqi within the community and industry. The Company expects its employees to strive for excellence and efficiency in their work for the Company.

Company Snapshot

$497.92M

Revenue

2,000

Employees

2000

Founded

Chengdu, China

Headquarters

SWOT Analysis

Strengths

  • Extensive Lithium Reserves.
  • Market leadership position. Strong market position provides it with a competitive advantage and favorable access to customers and distribution channels
  • Vertically Integrated

Weaknesses

  • Limited presence outside core business
  • Exposure to Lithium Price Volatility
  • High dependence on China

Opportunities

  • Decreasing cost of fright and transportation
  • New trends in costumer behavior
  • Expansion into new markets: Exploring new geographic markets with high growth potential can diversify company’s revenue streams

Threats

  • Currency fluctuations especially given the volatile political climate in number of markets across the world
  • The lithium industry is highly competitive, with numerous players competing for market share.

Unlock Company Financials

Unlock this company profile to view its financial data.

View Subscription Plans

Key Developments

DateApproachDevelopment
February 2023Collaboration & PartnershipECU is partnering with Australia’s fifirst lithium manufacturer Tianqi Lithium Energy Australia to drive a greener, more sustainable future for lithium products. The collaboration is focussed on exploring ways to maximise the use of Australia’s fifinite lithium resources, and potentially accelerate decarbonisation.

Product Offering

  • Tianqi Lithium
    • Lithium & Lithium Minerals
    • Lithium & Lithium Minerals

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 497.9 Mn in 2020 to USD 5,840.3 Mn in 2022.
Tianqi Lithium — By Business Segment
Series (USD Mn)202020212022
Sales497.95,201.95,840.3

Unlock Company Financials

Unlock this company profile to view its financial data.

View Subscription Plans

Unlock Company Contacts

Connect with Key Decision-Makers

Access verified employee contacts and decision-maker information from this company to support your sales, lead generation, and business development efforts.