Expansions through the 2010s have seen Tianqi emerge as one of the world’s leading lithium producers, sitting alongside lithium’s top producers such Albemarle, SQM and Ganfeng Lithium. However, the company is now under significant financial pressure, which have forced the company to consider asset and equity sales.
The Australian Financial Review reported that China’s Tianqi Lithium is looking to sell part of its majority 51% holding in the Greenbushes hard rock lithium mine, Western Australia. Following these reports Tianqi then confirmed that it was considering selling equity and assets but that no agreements had yet been signed . . .