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    Home > Inorganic Chemistry Topics > Inorganic Chemistry Project > Tianqi Lithium intends to build a 24,000-ton battery-grade lithium hydroxide monohydrate project

    Tianqi Lithium intends to build a 24,000-ton battery-grade lithium hydroxide monohydrate project

    • Last Update: 2022-02-24
    • Source: Internet
    • Author: User
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    Tianqi Lithium released an announcement on September 6 stating that after the board of directors’ approval, the company plans to invest in the construction of an annual output of 24,000 tons of battery-grade lithium hydroxide monohydrate project
    .
    According to the announcement, the project will be implemented by Tianqi Australia, the sun company of Tianqi Lithium Industry.
    The total investment of the project is 398,422,726 Australian dollars (approximately RMB 201,629,900), and the construction period is 25 months.
    The project is expected to be completed in October 2018.
    Start trial production
    .
    The project will use Talison spodumene concentrate (with a nominal lithium oxide content of 6.
    0%) as raw materials to build a continuous production and processing plant for battery-grade lithium hydroxide monohydrate with an annual production capacity of 24,000 tons
    .
    After the project is fully operational, it is estimated that the annual new income will be RMB 1.
    675 billion, the annual new net profit will be RMB 415 million, the after-tax internal rate of return is 19.
    9%, the after-tax shareholder internal rate of return is 27.
    2%, and the after-tax investment payback period (including the construction period) For 7.
    4 years
    .
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