Tinci Materials eyes Hong Kong listing, hoping investors see past its sagging profits
The lithium battery materials maker aims to use funds from its planned IPO to advance its global expansion, as it grapples with declining profits and weak prices Key Takeaways: Tinci…
BRIEF: Lopal Tech raises $15 million in share placement
Lithium iron phosphate battery cathode materials manufacturer Jiangsu Lopal Tech Co. Ltd. (2465.HK), said on Wednesday it will place 20 million new shares at a price of HK$6 apiece, raising…
BRIEF: Tianqi Lithium returns to profit in first quarter
Lithium miner Tianqi Lithium Corp. （9696.HK; 002466.SZ）announced on Wednesday it expects to report a net profit of between 82 million yuan（$11.24 million）and 123 million yuan for the three months through March,…
BRIEF: Zenergy launches $128 million Hong Kong IPO
Lithium battery manufacturer Jiangsu Zenergy Battery Technology Group Co. Ltd. (3677) launched its Hong Kong IPO on Thursday, aiming to sell 122 million shares for HK$8.27 each to raise about…
BRIEF: Production begins at Ganfeng Lithium’s Mariana project
Ganfeng Lithium Group Co. Ltd. (1772.HK; 002460.SZ) said on Tuesday it has begun production at its Mariana processing plant in Argentina, one of its several South American projects currently in…
Lopal steers back towards profitability after tough two years
The maker of cathode materials for lithium iron phosphate batteries appears to be on the mend after slipping into the red in 2023 and 2024 Key Takeaways: Lopal said it…
BRIEF: Tianqi Lithium loses up to 8.2 billion yuan in 2024
Lithium miner Tianqi Lithium Corp. (9696.HK; 002466.SZ) said on Thursday that it will record a loss of 7.1 billion ($975 million) to 8.2 billion yuan in 2024, equal to a…
