Tianqi Lithium: it is expected that lithium mineral supply will remain tight in the first half of 2026.

Tianqi Lithium stated at the performance briefing on April 8th that since entering the second quarter of this year, the tight supply situation in the lithium resources sector is gradually becoming apparent. Considering that the construction, resumption, and expansion cycle of lithium mines is longer than the lithium salt processing stage, combined with external environmental changes and other factors, it is expected that lithium mine supply will remain tight in the first half of 2026. In the long run, the development space of the new energy industry is vast. Against the background of the global energy structure transformation and constantly changing external environment, the necessity of complementarity between new energy and traditional energy is increasingly prominent. At the same time, emerging applications such as energy storage and robotics continue to emerge, leading to continuous growth in demand for lithium salt and related key materials. In the next 3-5 years, the company will closely follow the industry's cutting-edge development trends, match corresponding upstream key materials around next-generation technologies such as solid-state batteries, and provide the market with high-quality lithium products.