Tianqi Lithium Industries Inc Class A
002466: XSHE (CHN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
¥85.80 | Xggyqx | Bgwrstyp |
Leading Lithium Producer Amid Global Decarbonization; Initiating Tianqi Lithium With CNY 92 FVE
Business Strategy and Outlook
According to Wood Mackenzie, Tianqi is the largest producer of mined lithium globally, in terms of output in 2021, and is ranked third in terms of revenue generated from lithium, as of 2021. The company is also ranked fourth globally and second in Asia, as measured by lithium compound production output in 2021.