5 Most Valuable Lithium Companies in the World

4. Tianqi Lithium Corporation (SZSE: 002466.SZ)

Market Cap: $22.8 billion (as of August 18) 

Like Albemarle Corporation (NYSE: ALB), Sociedad Quimica y Minera de Chile (NYSE: SQM), FMC Corporation (NYSE: FMC), EnerSys (NYSE: ENS) and Livent Corp (NYSE: LTHM), Tianqi Lithium Corp (SZSE: 002466.SZ) is among the most valuable lithium companies in the world.

Tianqi Lithium Corp (SZSE: 002466.SZ) is a China-based company and is the world’s largest hard-rock lithium producer. The company paid $209.6 million for a 2.1% stake in Sociedad Quimica y Minera de Chile (NYSE: SQM) in 2016, increasing its hold to 23.7% for $4.07 billion in 2018. In 2020, Tianqi Lithium Corp (SZSE: 002466.SZ) sold 49% of its Australian assets to Australian nickel-gold miner IGO Ltd (ASX: IGO.AX), entering into a $1.4 billion deal.