Zhejiang Tiantie Industrial Co.

Lithium carbonate

makes lithium carbonate, as well as butyl-lithium used in making car interiors

Tiantie does not name its “new energy company” customers but justified its recent expansion into the lithium carbonate market on the basis of “strong downstream demand” in the EV sector.

Tiantie's subsidiary sources lithium directly from Xinjiang Asia-Europe Rare Metal, so any Tiantie sourcing relationship with its subsidiary is an exposure.