Welcome to Chempricehub

 
Home > Category > News > 
Chempricehub Alert: Tianqi Lithium Loses Lawsuit, Loses Control of Lithium in SQM
Published on 2026-01-31
January 30th News: Tianqi Lithium announced that the lawsuit filed by its subsidiary SQM against the strategic cooperation between SQM and Chile's state-owned copper company, Codelco, has ended in defeat. It is expected that starting from 2031, SQM will no longer have control over its core lithium operations in Chile's Atacama region. Chempricehub's analysis of lithium carbonate: Bullish-Bearish Score: +1. The article reports that Tianqi Lithium lost the lawsuit, and SQM will lose control of its core lithium operations in Chile's Atacama region starting in 2031. This salt flat is a globally significant lithium resource, and as a major producer, SQM's reduced supply increases the risk of supply shortages, which is favorable for spot prices of lithium carbonate. Combined with lithium carbonate futures data (e.g., the main contract 2605 closed at 148,200 yuan/ton, down 12,520 yuan for the day), the current market is weak. However, this event may raise concerns about long-term supply, supporting the prices of deferred contracts (e.g., contract 2612) and benefiting futures market sentiment. A score of +1 indicates a generally positive outlook, as supply uncertainty boosts long-term bullish expectations, but the impact will only begin in 2031, limiting short-term gains.