Tianqi Lithium Industry stated on March 6th on the investor interaction platform that the lithium hydroxide product produced in the first phase of the Quenana lithium hydroxide project in Australia has been certified by sample customers SK On Co. Ltd and Northvolt ETT AB, and shipments will begin in January 2024.

Tianqi Lithium Industry's 2023 performance forecast shows a profit of 6.62 billion to 8.95 billion yuan. According to the announcement on January 31st, the net profit attributable to shareholders of the listed company in 2023 is expected to be between 6.62 billion and 8.95 billion yuan, a decrease of 62.9% to 72.56% compared to the same period last year. The net profit after deducting non-recurring gains and losses is expected to be between 6.5 billion and 8.82 billion yuan, a decrease of 61.57% to 71.81% compared to the same period last year. The basic earnings per share are expected to be between 4.04 yuan and 5.46 yuan.