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The latest announcement is out from Tianqi Lithium Corp. Class H ( (HK:9696) ).
Tianqi Lithium Corporation has set an annual cap of up to 950,000 tons for transactions in 2026 under its long-standing Albemarle Agreements, which govern lithium concentrate sales from the Greenbushes Mine to Albemarle Germany, an associate and connected person at the subsidiary level. The cap, based on current production capacity, recent expansions such as the Chemical-Grade Plant No. 3, expected ramp-up, and Albemarle Germany’s projected procurement, represents a ceiling for potential transaction volume rather than a forecast of actual production or sales. The board, including independent non-executive directors, has confirmed that the transactions are on normal commercial terms, in the ordinary course of business, and in the interests of the company and shareholders, meaning the 2026 cap will be subject only to reporting, announcement and annual review requirements under Hong Kong Listing Rules, without the need for a circular, independent financial adviser’s opinion or independent shareholders’ approval.
The most recent analyst rating on (HK:9696) stock is a Hold with a HK$49.00 price target. To see the full list of analyst forecasts on Tianqi Lithium Corp. Class H stock, see the HK:9696 Stock Forecast page.
More about Tianqi Lithium Corp. Class H
Tianqi Lithium Corporation is a China-based lithium producer with operations centered on the Greenbushes Mine in Australia, one of the world’s largest hard-rock lithium deposits. Through its subsidiaries, including Windfield and Talison Lithium Australia, the group focuses on lithium concentrate production and supply to global chemical and battery materials customers, positioning it as a key participant in the lithium supply chain for electric vehicles and energy storage.
Average Trading Volume: 6,982,670
Technical Sentiment Signal: Buy
Current Market Cap: HK$103.6B
Find detailed analytics on 9696 stock on TipRanks’ Stock Analysis page.