Tianqi Lithium Says Q1 Revenue Down 63.6% Q/Q Amid Downturn Of Lithium Market

Tianqi Lithium Corp 002466:

• SAYS Q1 2024 REVENUE DOWN 63.6% Q/Q WITH WIDENED NET LOSS AMID DOWNTURN OF LITHIUM MARKET AND PRICE DECLINE

• SAYS Q1 GROSS PROFIT DOWN 77.2% Q/Q

• SAYS AVERAGE SELLING PRICE OF LITHIUM COMPOUNDS IN Q1 DOWN 40.5% Q/Q, LITHIUM CONCENTRATES DOWN 70.24% Q/Q