On August 11, Zangge Mining released its semi-annual report for 2026. During the reporting period, the company achieved operating revenue of Yuan 2.065 billion, up 23.05% year-on-year. Net profit attributable to shareholders of the listed company reached Yuan 3.638 billion, representing a year-on-year increase of 102.09%. As of the end of the reporting period, the company's total assets stood at Yuan 18.602 billion, with net assets attributable to parent company shareholders of Yuan 17.197 billion, and an asset-liability ratio of 7.77%.
The company produced 5,400 tonnes of lithium carbonate and sold 3,990 tonnes, with an average selling price (tax inclusive) of Yuan 164,900/tonne and an average sales cost of Yuan 42,200/tonne. The lithium carbonate business generated operating revenue of Yuan 582 million, up 118.22% YoY, with a gross profit margin of 71.08%, representing a year-on-year increase of 40.55 percentage points.
Edited by Cassie Li, lixiangying@mysteel.com
