HKEX · 1772.HK
≈ 128 kt LCE/yr attributable
As of 25 Oct 2026Prices are delayed (end of day for Shanghai and Shenzhen). Hong Kong listings show the company's mainland A-share where it has one.
Net seller of lithium units (mines exceed own refining)
Not quantified yet: Xinyu conversion
Stake-weighted landed cost $7,405/t LCE · covers 35 of 94 kt LCE/yr attributable producing capacity · cheaper than about 40% of costed supply
| Asset | Country | Stage | Ownership | Capacity | Attrib. kt LCE | Landed US$/t LCE | Verified |
|---|---|---|---|---|---|---|---|
| Upstream: mines and brines | |||||||
| Cauchari-Olaroz | Argentina | Producing | 46.7% | H1 2026 ~19 kt Li2CO3; FY26 guidance 35–40 kt; design ~40 kt | 19 | ≈$5,897 | 24 Oct 2026 |
| Goulamina | Mali | Producing | 65% | Phase I 506 ktpa SC nameplate; H1 2026 233.8 kt SC produced (near full utilisation) | 42 | — | 24 Oct 2026 |
| Mt Marion | Australia | Producing | 50% | Q1 FY27 sales 58 kt SC6 (attrib.); FY27 guidance 200–240 kt SC6 | 16 | ≈$9,166 | 24 Oct 2026 |
| Mariana | Argentina | Ramping | 100% | Phase 1 20 ktpa LiCl; formal production since 12 Feb 2025; first export Feb 2026 | 17 | — | 25 Oct 2026 |
| Pozuelos-Pastos Grandes (PPG) | Argentina | Development | 67% | Scoping Study: Phase 1 50 ktpa LCE (Pozuelos), rising to 150 ktpa over three stages; hybrid solar-evaporation + SX DLE; Phase 1 EIA approved Nov 2025; RIGI applied Q1 2026 | 34 | — | Pending |
| Downstream: conversion and refineries | |||||||
| Xinyu conversion | China | Producing | 100% | Xinyu nameplate: 10,000-ton Lithium Salt plant 81 kt LiOH, 12 kt Li₂CO₃, 12 kt LiCl, 2 kt butyl-Li; Xinyu Ganfeng 30 kt HP Li₂CO₃, 25 kt LiF (2026) | — | — | 24 Oct 2026 |
Headline counts mines and brines only. Refineries are listed with their attributable conversion capacity, which is shown under Downstream above and not added to the headline, so lithium is not counted twice. Cell plants are demand, not supply. Landed cost uses the assumptions set on the cost curve.