SHANGHAI: Shares in China’s lithium producers fall sharply after two of the largest miners warned that battery-metal woes had weighed on earnings for the first half (1H) of financial year 2025.
Tianqi Lithium Corp forecast a negligible net income of up to 155 million yuan (US$22mil) for the first six months, while Ganfeng Lithium Group Co predicted a net loss of 300 million yuan to 550 million yuan for the same period. Chengxin Lithium Group Co said its net loss could be as high as 850 million yuan.
