Yibin Tianyi Lithium Industry Co., Ltd. is a joint venture invested by CATL (stock code: 300750) and Suzhou TA&A Ultra Clean Technology Co., Ltd. (stock code: 300390) and other companies. It was established on November 19, 2018 with a registered capital of 700 million RMB and a staff more than 700. It’s engaged in research, development, manufacture and sales of battery-grade lithium hydroxide and other lithium battery material products that are applied in new energy vehicle and energy storage.
Establishment of the company
Tianyi has a technical team and management team that have been engaged in the lithium salt industry for years, and has optimized and upgraded the process technology of the ore-based lithium extraction method in environmental protection, safe operation, resource utilization, and quality stability. It boasts simple production process, highly automatic and safe control, favourable lithium recovery, stable quality, low energy consumption, zero production waste water discharge, recycling of waste residue, and prominent technical advantages.
The company has signed long-term supply and marketing agreements with international mining companies, and is also actively expanding investment in mineral resources in China, Australia and South America, which can provide sufficient raw material supply for project operation and production.
Tianyi has its Southwest Regional Headquarters in Chengdu, Sichuan Province, and its manufacturing bases are located in Yibin and Meishan (Sichuan Province). These facilities are provided with good traffic accessibility, large talent pool, and complete production and operation supports.
As one of the main materials of lithium-ion power batteries, battery-grade lithium hydroxide will grow rapidly and enjoy promising market prospect in future thanks to the development of the new energy vehicle industry.