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: 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…
BRIEF: Tianqi swings to red on falling lithium prices
Tianqi Lithium Corp. (9696.HK; 002466.SZ) announced on Thursday it expects to report a net loss of 640 million yuan ($89.9 million) in the third quarter of this year, reversing a net profit of 1.65…
Plunging prices push lithium mining giants into the red
The industrial metal used in electric car batteries has dropped 85% from its price peak to around $90,000 per ton, hit by a supply glut and slowing vehicle sales Key…
Tianqi Lithium stuns investors with deep drop into the red
Shares in the Chinese mining giant have plunged about 40% in the past year, as it grapples with falling lithium prices and uncertainties over a deal in Chile Key Takeaways:…
Ganfeng Lithium undermined by sinking prices, Chilean nationalization
The lithium producer's profits could get squeezed this year as prices for the metal continue to sag and fallout spreads from Chile’s recent decision to nationalize its lithium mines Key…
EV Slowdown De-Juices Ganfeng Lithium’s Profit Potential
The producer of the key metal used in electric vehicles said its net profit nearly tripled in 2022, even as its two major profit drivers look unlikely to keep up…
