Lithium prices fell, combined with SQM's performance decline, tianqi lithium corporation incurred a loss of 5.7 billion in the first three quarters, with reduced losses in Q3 compared to the previous quarter. | Interpretations

①Due to fluctuations in lithium prices and the year-on-year decline in performance of its affiliated company SQM, tianqi lithium corporation incurred a loss of 5.7 billion in the first three quarters. ②The decline in lithium prices and the misalignment of pricing mechanisms are still affecting the company, resulting in continued losses in Q3, but a reduction in losses compared to Q2. ③Regarding the 'nationalization' of SQM, currently, a lawsuit filed by tianqi lithium corporation's wholly-owned subsidiary in Chilean court is still under review.

cls.cnOct 30 11:22 ET

Exclusive | Unveiling the first mass-produced full solid state battery assembly line: the scale cost is not higher than liquid, but still can't be used in cars

①The first solid state battery production line has been put into operation again, sparking discussion. The builder of this production line, a person from Pure Lithium New Energy Company, stated that current customers come from energy storage and electric two-wheelers, not involving power batteries; ② Pure Lithium New Energy has put into operation a production line with a target capacity of 200MWh, and has planned to expand to 6GWh solid state energy storage battery production line; ③ In the A-share market, various companies mainly focus on the technical routes of oxides and sulfides.

cls.cnOct 29 10:33 ET

Losses are expanding! Due to the fall in lithium prices and misalignment of pricing mechanisms, tianqi lithium corporation is expected to incur a loss of 0.64 billion yuan to 0.32 billion yuan in the third quarter. | Financial Report Watch

The company made a profit of 1.646 billion yuan in the third quarter of last year. The company announced that the main reason for the decline in performance was the significant overall decline in lithium product market prices, and additionally, the misalignment of pricing mechanisms further exacerbated the situation.

wallstreetcnOct 24 07:46 ET

The first domestic full-solid-state lithium battery production line has officially started production

1. Recently, the first domestic full solid state lithium battery production line was officially put into operation, marking a new stage of mass production for the pure lithium 50 amp-hour solid state battery developed and produced by the company; 2. Currently, the target production capacity of the pure lithium new energy production line is 200 megawatt-hours, equivalent to simultaneously charging 0.2 million two-wheeled vehicles, and after reaching full production, it can produce thousands of solid state batteries per day.

cls.cnOct 24 01:07 ET

Nickel prices continue to be low, with Indonesia claiming to be controlling production capacity to balance market supply and demand.

Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia stated on Friday (October 18) local time that the country is controlling the amount of nickel ore produced by its mining companies to balance market supply and demand.

cls.cnOct 18 08:42 ET

Timeless Capital Announces Private Placement Financing

Seeking AlphaOct 15 17:06 ET