5 Most Profitable Lithium Stocks Now

3. Tianqi Lithium Corporation (002466.SZ)

TTM Net Income: $2.55 billion (¥17.53 billion)

Tianqi Lithium Corporation (002466.SZ) is a Chengdu, Sichuan-based vertically integrated lithium company that is involved in the extraction of lithium concentrate along with the production of lithium specialty compounds.

Tianqi Lithium Corporation (002466.SZ) has a presence in the Australian, Chilean, and Chinese lithium markets. The company has a workforce of 1,907 employees and has 167 patents under its belt. Tianqi Lithium Corporation (002466.SZ) is present in the Greenbushes mine in Western Australia through its collaboration with IGO Limited. Furthermore, the company has three chemical plants across China for further processing of lithium that produces industrial-grade lithium carbonate, battery, and industrial-grade lithium hydroxide.