Tianqi Lithium's capacity utilization rate is insufficient, and inventory pressure is increasing

Tianqi Lithium's current lithium compound production capacity is 88,800 tons, with 54,000 tons of capacity under construction, and 1,000 tons of lithium metal capacity in Chongqing, with a total planned capacity of 143,800 tons. However, the capacity utilization rate in 2023 is only 63%. In addition, the inventory of lithium compounds has reached 13,000 tons, with an inventory rate of 23%, and the inventory volume and inventory rate of lithium ore have also increased.