Tianqi Lithium's two successful acquisitions expanded its lithium resources

Tianqi Lithium has successfully expanded its lithium resources through two bold acquisitions. The first was in 2013, when the company acquired 100% of the shares of Australia's Talison at a price three times higher than its own assets, thereby gaining control of the Greenbushes spodumene mine. The second was in 2018, when the company acquired 23.77% of the shares of Chile's SQM for US$4.066 billion, becoming a global lithium resource giant.