Tianqi and Ganfeng Lithium Forecast Strong Half-Year Gains

Tianqi Lithium informed the Hong Kong Stock Exchange that it expects a net profit between 2.85 billion and 4.25 billion yuan, a substantial leap from the 84.41 million yuan reported during the same period last year. The company attributed this performance to the persistent appetite for new energy materials and a favorable pricing environment. Similarly, Ganfeng Lithium anticipates a net profit of 3.65 billion to 4.60 billion yuan, marking a dramatic recovery from the 531.24 million yuan loss recorded in the first half of 2025.

Market reaction to the filings was mixed, with Tianqi Lithium shares rising 0.9% in early Wednesday trade, while Ganfeng Lithium shares slipped 1.2%. Analysts at Jefferies noted that while these profit alerts reflect a positive shift, the wide ranges provided by the producers suggest volatility remains a factor. The firm cautioned that consistent margin growth will likely depend on further price appreciation for the raw material.