On January 28, Yongshan Lithium announced that it is expected to report a net profit attributable to shareholders of the listed company ranging from a loss of Yuan 310 million to 390 million for 2025, compared with a profit of Yuan 25.4216 million in the same period last year. The projected loss is primarily due to the narrowing spread between lithium ore and lithium salt as a result of falling lithium chemicals prices, increased inventory impairment losses, and low gross profit margins in its ferromolybdenum business.
Edited by Cassie Li, lixiangying@mysteel.com
