Tianqi and Ganfeng H1 profits surge
Published: Wednesday, 02 September 2015
The two Chinese lithium producers both saw strong results in the first half of 2015, as increasing demand for lithium carbonate continues apace.
Sichuan Tianqi Lithium Industries Inc.
(Tianqi) and Jiangxi Ganfeng Lithium Co Ltd (Ganfeng) saw
year-on-year (y-o-y) net profit rises of 135% and 30%,
respectively, for the first half of 2015.
Hype surrounding the electric vehicle (EV) boom is ensuring
the continuation of the upward trend in both demand and price