On July 14, Tianqi Lithium announced its preliminary financial results for the first half of 2025, projecting net profit attributable to shareholders of the listed company to range between Yuan 0-155 million. This compares favorably with a net loss of Yuan 5.206 billion during the same period last year.
During the reporting period, the company experienced year-on-year declines in lithium product selling prices. However, the pricing cycle for lithium ore shortened, allowing production costs to gradually align with current procurement prices. Additionally, improved performance at associate company SQM in H1 contributed to higher investment income. The company also benefited from foreign exchange gains due to the appreciation of the Australian dollar.
Edited by Cassie Li, lixiangying@mysteel.com
