Company Reports

Chinese lithium producers Tianqi and Ganfeng both extended their surge in net profit growth in the second quarter, driven by a recovery in lithium prices and improving gross margins. Tianqi also recorded a significant increase in equity income from Sociedad Química y Minera de Chile.

According to Wood Mackenzie, Tianqi is the largest producer of mined lithium globally by output. The company is also ranked fourth globally and second in Asia by lithium compound production.

According to Wood Mackenzie, Tianqi is the largest producer of mined lithium globally by output. The company is also ranked fourth globally and second in Asia by lithium compound production.

Chinese lithium producers Tianqi and Ganfeng both reported soaring net profit growth for the first quarter thanks to the recovery of lithium prices that led to an improvement in gross margins. Tianqi also booked a 2 times gain in equity income from Sociedad Quimica Y Minera De Chile SA, or SQM.

According to Wood Mackenzie, Tianqi is the largest producer of mined lithium globally by output. The company is also ranked fourth globally and second in Asia by lithium compound production.

Chinese lithium producers Tianqi and Ganfeng both guided net profit turnaround for 2025. Tianqi also guided for a significant increase in equity income from Sociedad Quimica Y Minera De Chile SA.

According to Wood Mackenzie, Tianqi is the largest producer of mined lithium globally, in terms of output. The company is also ranked fourth globally and second in Asia, as measured by lithium compound production output.

Tianqi reported a small net profit for the third quarter, despite a revenue decline and gross margin contraction. The company booked a 40% quarter-on-quarter decline in equity income from Sociedad Quimica Y Minera De Chile SA.

According to Wood Mackenzie, Tianqi is the largest producer of mined lithium globally, in terms of output. The company is also ranked fourth globally and second in Asia, as measured by lithium compound production output.

Tianqi reported a small net loss for the second quarter, which was mainly attributable to the decline in lithium compounds prices and a drop in gross margin. The company booked a 74% quarter-on-quarter decline in equity income from Sociedad Quimica Y Minera De Chile SA.

According to Wood Mackenzie, Tianqi is the largest producer of mined lithium globally, in terms of output. The company is also ranked fourth globally and second in Asia, as measured by lithium compound production output.

Prices of H-shares of Chinese lithium producers Ganfeng and Tianqi jumped 20% and 17%, respectively, at the time of writing. The move came together with the price surges of most lithium carbonate futures in China on Monday.

Demand from China has been the main driver of rising commodity prices in the past two decades. More recently, gold is close to historical highs on safe-haven demand. However, driven by weak China steel end-user demand and slower global growth, most other commodity prices have fallen.

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.

Gold is higher in the March quarter as worries over tariffs affecting economic growth see a flight to safety. Despite likely slower global growth, copper is up as investors try to get ahead of potential tariffs on US copper imports. Iron ore is flat, while metallurgical and thermal coal are down.

Chinese lithium producer Tianqi reported a net loss for the fourth quarter, which was mainly attributable to the decline in lithium compound selling prices and a drop in gross margin. The company also booked a 72% quarter-over-quarter drop in equity income from Sociedad Quimica Y Minera De Chile SA.

According to Wood Mackenzie, Tianqi is the largest producer of mined lithium globally, in terms of output. The company is also ranked fourth globally and second in Asia, as measured by lithium compound production output.

Chinese lithium producers Tianqi and Ganfeng both announced preliminary net losses for 2024. Tianqi also guided a significant drop in equity income from Sociedad Quimica Y Minera De Chile SA.

Chinese lithium producers Tianqi and Ganfeng both reported recurring net loss for the third quarter, attributable to the decline in lithium compounds selling prices and drop in gross margin. Tianqi also booked 79% drop in equity income from Sociedad Quimica Y Minera De Chile SA.

According to Wood Mackenzie, Tianqi is the largest producer of mined lithium globally, in terms of output. The company is also ranked fourth globally and second in Asia, as measured by lithium compound production output.