Tianqi Lithium Corp Class A

002466: XSHE (CHN)
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For Tianqi and Ganfeng, Profitability Pressure Remains; Tianqi Reports Small Profit

Chinese lithium producers continue to see profit challenges, as Ganfeng reports another losing quarter while Tianqi claws out a small profit. The sluggish revenue and profit were mainly attributable to the decline in lithium compound selling prices and pressured gross margin.

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