Tianqi 24,000 Tons Of Battery Grade Lithium Hydroxide Monohydrate Project
Author: Source: Datetime: 2016-09-06 11:05:15
Tian Qi Li industry convene the Board of Directors considered and adopted the "on the construction of an annual output of 24,000 tons of battery grade lithium hydroxide monohydrate project motion", to be self-funded 398 million Australian dollars (equivalent to about $ 2 billion) investment in building an annual output of 24,000 tons of battery grade lithium hydroxide monohydrate projects. According to the relevant provisions of the "Shenzhen Stock Exchange Listing Rules", "Articles of Association" and the bill still need to submit Tianqi Lithium Industries, 2016 Second Extraordinary General Meeting.
Tian Qi Li industry want to invest 2 billion yuan over the proposed lifepo4 batteries grade lithium hydroxide monohydrate project
In recent years, lithium hydroxide as the basic raw material for lithium battery power tools, consumer electronics, electric vehicles (EV) applications, solar powered protable generator energy storage system of lithium rechargeable battery industry accounted for chemical products market share has improved greatly, and the future will continue showing an upward trend. (Roskill, 2016 years) predicted compound annual growth rate of 15%, the global demand for lithium hydroxide is expected from 2015, 31,000 tons / year by 2020, rising to 64,000 tons / year according to industry analysis service providers and lithium 2025 129,000 tons / year.
Reporter noted, Tianqi Lithium Industries, said the project construction period is 25 months, the project is expected to be completed in October 2018, started trial production. Tian Qi Li industry, said battery grade lithium hydroxide monohydrate over postpartum project is expected to add revenue 1.675 billion yuan, the annual net profit of 415 million yuan, after-tax internal rate of return of 19.9%, after-tax internal rate of return of 27.2% of shareholders after tax payback period (including construction period) is 7.4 years.TAG: Engie Amazon Bank World Battery-Storage Changsha Jolywood Nuon German Category Separate Telangana MW 10 Used
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