Lithium mining leader reports losses, Australian lithium mining stocks plunge.

date
28/08/2025
According to the Zhicheng Finance APP, the stock prices of Australian lithium mining companies have plummeted significantly. The reason is that the country's two largest battery metal producers announced a combined loss of $1.2 billion in the first half of the year due to a sharp drop in prices. IGO's stock price in Sydney dropped by as much as 8.4%, while Mineral Resources also fell by as much as 6.1%. Even companies that did not announce their performance on Thursday were not spared from this wave of decline. Pilbara Minerals fell by as much as 4.3%, while Liontown Resources fell by 5.4%.