Tianqi Lithium Faces Setback with Return to Loss Amid Extended Battery Metal Downturn

Tianqi Lithium Faces Setback with Return to Loss Amid Extended Battery Metal Downturn
1 month ago

Tianqi Lithium, a prominent player in the global lithium market, has reported a significant financial downturn, showcasing a return to losses largely attributed to a sustained slump in battery metal prices. This news comes as a surprise to many industry analysts who had anticipated a more stable performance for the company, given the explosive demand for lithium due to the electric vehicle (EV) sector's growth.

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Zijin Mining in Negotiations to Acquire $6 Billion Lithium Producer in China

Zijin Mining in Negotiations to Acquire $6 Billion Lithium Producer in China
4 months ago

In a significant move within the mining sector, Zijin Mining Group Co., a prominent Chinese mining company, has initiated talks to purchase a lithium producer valued at approximately $6 billion. This potential acquisition underscores the growing demand for lithium, a critical component in the production of electric vehicle (EV) batteries and other green technologies.

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