Lithium majors: an asset by asset profitability analysis

Disentangling the operations of Ganfeng, Tianqi, Albemarle, and SQM asset by asset for different long-term lithium price scenarios.

Greenbushes in Southwestern Australia, the largest spodumene mine in the world, is responsible for as much as 15% of the global supply. It is owned by Albemarle (50%), Tianqi (25% but controller), an…