On June 11, Tianqi Lithium released a statement indicating that a partial fire had occurred during routine maintenance at its wholly-owned subsidiary, Talison’s Phase III chemical-grade lithium concentrate plant in Australia. The fire was swiftly contained and extinguished, with no reports of injuries or fatalities. While certain individual pieces of equipment sustained damage, the primary machinery and production lines have not been impacted. Talison is currently conducting a thorough assessment of the losses and the potential repercussions, acknowledging that the incident could potentially delay the scheduled capacity expansion, though the specifics are still under evaluation. Meanwhile, operations at other facilities continue as usual.
