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![minenergybiz Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1127626405.png) Oliver Groß [@minenergybiz](/creator/twitter/minenergybiz) on x 13.8K followers
Created: 2025-07-15 17:23:47 UTC

Shares in China’s lithium producers fell sharply on Tuesday after two of the largest miners warned that battery metal woes had weighed on earnings for the first half of the year.

Tianqi Lithium Corp. forecast a negligible net income of up to XXX million yuan ($21.6 million) for the first six months, while Ganfeng Lithium Group Co. predicted a net loss of XXX million yuan to XXX million yuan for the same period. Chengxin Lithium Group Co. said its net loss could be as high as XXX million yuan.

The three producers, commenting in preliminary statements released late on Monday, cited lower lithium sale prices from January through June. Chengxin’s stock slid as much as XXX% in Shenzhen. In Hong Kong, Ganfeng’s stock fell as steeply as XXX% in morning trade, while Tianqi slid 3.3%.

Ganfeng said in a statement that the fall in prices of lithium salt and lithium battery products hit operating earnings “by a certain extent”, despite an orderly ramp up of battery capacity and an increase in sales. The company also said it had written down the value of assets including inventories, but provided no detail. Chengxin said it expected to take a XXX million yuan impairment on its inventory.


XXX engagements

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minenergybiz Avatar Oliver Groß @minenergybiz on x 13.8K followers Created: 2025-07-15 17:23:47 UTC

Shares in China’s lithium producers fell sharply on Tuesday after two of the largest miners warned that battery metal woes had weighed on earnings for the first half of the year.

Tianqi Lithium Corp. forecast a negligible net income of up to XXX million yuan ($21.6 million) for the first six months, while Ganfeng Lithium Group Co. predicted a net loss of XXX million yuan to XXX million yuan for the same period. Chengxin Lithium Group Co. said its net loss could be as high as XXX million yuan.

The three producers, commenting in preliminary statements released late on Monday, cited lower lithium sale prices from January through June. Chengxin’s stock slid as much as XXX% in Shenzhen. In Hong Kong, Ganfeng’s stock fell as steeply as XXX% in morning trade, while Tianqi slid 3.3%.

Ganfeng said in a statement that the fall in prices of lithium salt and lithium battery products hit operating earnings “by a certain extent”, despite an orderly ramp up of battery capacity and an increase in sales. The company also said it had written down the value of assets including inventories, but provided no detail. Chengxin said it expected to take a XXX million yuan impairment on its inventory.

XXX engagements

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