Tianqi Lithium expects first-quarter net profit of 1.7 billion to 2.0 billion
yuan, representing a year-on-year increase of 1,530.31% to 1,818.01%. The
company said revenue rose significantly compared with the same period last year,
driven by growth in the new energy sector and stronger downstream demand. It
added that average selling prices of its main lithium products increased notably
from a year earlier.
