On June 11, Tianqi Lithium rose 3.24% in regular trading, trading at 45.3 HKD/share, with trading volume of HKD 231 million.
On the news front, Tianqi Lithium announced on the evening of June 10 that its controlled subsidiary Talison Lithium experienced a localized fire at Chemical-Grade Lithium Concentrate Plant No. 3 in Australia during a maintenance shutdown. Certain equipment was damaged, while major equipment and production lines were unaffected. The incident may affect the ramp-up progress of Plant No. 3, which began commissioning in December and produced its first qualified batch in January. The extent of impact is still being assessed.
Talison operates the Greenbushes lithium spodumene mine, the world's largest producing hard-rock lithium project, accounting for 9.3% of total global lithium resource output. Market participants view the supply-side disruption as a short-term positive for the lithium mining sector. Peer stock Ganfeng Lithium surged over 6.8% on the same day, with the broader lithium sector strengthening collectively.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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