Tianqi Lithium (09696) surged more than 3%, reaching HK$49.26 by the time of writing, with a trading volume of HK$189 million. The uptick follows the company's significant announcement at the "2025 Second China International Lithium Industry Conference" held in Chengdu on November 24.
At the event, Tianqi Lithium not only projected an optimistic outlook for the industry's supply-demand dynamics but also unveiled a groundbreaking technological breakthrough in lithium sulfide—a core material for all-solid-state batteries. This marks the company's accelerated shift from "resource and processing" to "cutting-edge new material R&D."
Currently, Tianqi is fast-tracking the construction of a self-designed pilot production line with an annual capacity of 50 tons of lithium sulfide, expected to be operational by the second half of 2026.
Pacific Securities noted that global lithium battery production exceeded 1,000 GWh in the first three quarters of 2025, sustaining robust demand for lithium carbonate, with prices stabilizing in a bottom-range fluctuation. Tianqi is also actively investing in next-generation lithium battery material technologies to prepare for future industry advancements.
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