Shanghai Nonferrous Metals News
The battery grade lithium market is expected to grow rapidly over the next few years driven by strong downstream demand. In anticipation of a supply deficit of lithium ore and lithium related products as well as rising prices, Tianyi Lithium Co, a subordinate of Tianhua Chaojing has completed construction of a 20 ktpy battery grade lithium hydroxide project. At present, construction of a further 25 ktpy battery grade lithium hydroxide project is underway. The company intends to develop a total of 100 ktpy battery grade lithium hydroxide capacity by end-2025.
