Core Viewpoint - Tianqi Lithium announced the construction of a lithium hydroxide project in Zhangjiagang, Jiangsu, with an annual production capacity of 30,000 tons of battery-grade lithium hydroxide, with a total investment not exceeding 2 billion RMB [1] Group 1: Project Development - The board meeting was held on May 12, 2023, to approve the project [1] - The project is expected to be completed by July 30, 2025, and has entered the trial operation phase [1] - The first batch of battery-grade lithium hydroxide products passed internal laboratory sampling checks on October 17, 2025, meeting all battery-grade standards [1] Group 2: Production and Certification - The successful production of the first batch of battery-grade lithium hydroxide products lays the foundation for subsequent continuous mass production [1] - After achieving stable production, the products will be provided to various customers for quality certification [1] - Following customer certification, the company plans to gradually increase production capacity to reach the designed capacity [1]