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Tianqi Puts Hold Lithium Plant Expansion-- The 21st China (Guangzhou) Int’l Plate metal, Bar, wire, Metal Processing &Setting Equipment Exhibition
9/13/2019 金属板材展-棒材-线材展 -plate metal expo-wire expo |
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Mining com reported that Chinese lithium miner Tianqi has shelved plans to complete a AUD 300 million second phase expansion at the world’s largest lithium hydroxide plant as an oversupply of the commodity continues to drive down prices. The company, which officially opened up the first stage of its Kwinana plant said the decision was made to focus on completing the facility’s initial phase rather than as a response to market conditions.
Tianqi Australia’s general manager, Phil Thick, said that “We just had so many people on site and so much construction activity happening that we really wanted to just focus on getting stage one complete (…) That happened at the same time as the market has softened a little.”
At full production, Kwinana is expected to produce 48,000 tonnes of battery-grade lithium hydroxide a year, treating spodumene concentrate coming from Tianqi’s half-owned Greenbushes mine, south-east of Perth.
金属板材展-线材展-金属加工展-2020第二十一届广州国际金属板材、棒材、线材及金属加工设备展—全球三大金属展之一巨浪展览
-- The 21st China (Guangzhou) Int’l Plate metal, Bar, wire, Metal Processing &Setting Equipment Exhibition
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