Tianqi Lithium anticipates a net profit for the first quarter of 2025 to fall within the range of RMB 82 million to RMB 123 million, representing a significant turnaround from losses to profits on a year-over-year basis. This performance improvement is primarily driven by a decrease in lithium product sales prices, coupled with a shortened pricing cycle for lithium ore, which has helped to reduce costs. Additionally, the company has witnessed an increase in investment income from its associate, SQM.
