Gelonghui May 10 δΈ¨ Tianqi Lithium Industry (002466)(002466myrianftgame.SZ) said on the investor interaction platformmyrianftgame, as of the end of March 2024myrianftgame, there is still a certain amount of lithium concentrate inventory purchased from Teleson by the company's lithium chemical product production base in 2023. The cost carry-forward based on the company's raw material delivery and finished product sales is measured using the moving weighted average method. It is expected that with the shortening of the pricing cycle of Wenfield lithium ore, the price of lithium ore will fall from high levels and gradually stabilize, the company's newly purchased chemical grade lithium concentrate from Teleson will be added to the warehousing of the chemical grade lithium concentrate, and the gradual digestion of the existing lithium concentrate inventory by the stable production operations and sales of the company's lithium chemical product production base. The outbound cost of chemical-grade lithium concentrate at each production base of the company will gradually approach the latest purchase price, and the phased mismatch in the lithium concentrate pricing mechanism will gradually weaken, thus having a relatively positive impact on the company's subsequent operations.
