Lithium mining companies restart "profit-making mode"

Tianqi Lithium's profits are expected to increase by 18 times, Yahua Group and Tibet Summit Mineral's net profits have doubled, and Ganfeng Lithium has significantly reversed losses... Overall, driven by the resonance of downstream power and energy storage battery demand, as well as the stable and rising prices of lithium carbonate, lithium mining companies have reopened the "profit-making mode." From various information gathered by reporters, it is expected that the performance of lithium carbonate in the first quarter will continue throughout the year. Industry insiders generally believe that based on limited supply growth and strong downstream demand, the supply of lithium carbonate may remain tight throughout the year, with a low probability of significant price fluctuations. Enterprises with low costs and high self-sufficiency rates will continue to lead in the new competitive landscape.