---
title: "Two Chinese Lithium Producers Expect to Report Stronger 1st Half as Prices Recover"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292708684.md"
description: "Chinese lithium giants Tianqi Lithium and Ganfeng Lithium expect strong first-half profits driven by recovering prices and robust EV demand. Tianqi forecasts net profit of 2.85-4.25 billion yuan, while Ganfeng anticipates 3.65-4.60 billion yuan, reversing previous losses. Despite positive outlooks, Jefferies analysts note wide profit ranges and warn that further price increases are needed to sustain high margins."
datetime: "2026-07-15T04:10:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292708684.md)
  - [en](https://longbridge.com/en/news/292708684.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292708684.md)
---

# Two Chinese Lithium Producers Expect to Report Stronger 1st Half as Prices Recover

By Tracy Qu

Two of the world's largest lithium producers in China are expected to report stronger first-half results, boosted by recovering lithium prices and robust demand from China's electric-vehicle and energy-storage sectors.

Tianqi Lithium expects to achieve a net profit of 2.85 billion yuan to 4.25 billion yuan, or US$420.86 million to US$627.59 million, according to a filing with Hong Kong Stock Exchange late Tuesday. That would easily beat the 84.41 million yuan recorded the same period last year.

The company said an increase in demand for lithium products from new energy industry, as well as higher lithium prices, supported its results.

Separately, Ganfeng Lithium expects to post net profit of 3.65 billion yuan to 4.60 billion yuan in the first half, supported by rising demand for lithium, according to a filing on Hong Kong Stock Exchange late Tuesday. That compared with a loss of 531.24 million yuan in first half of 2025.

Shares of Tianqi Lithium rose 0.9% in early trade Wednesday, while Ganfeng Lithium declined 1.2%.

Jefferies analysts said in a research note that both profit alerts come "with wide ranges." They added that further increases in the price of lithium would be needed for them to maintain their high margins.

Write to Tracy Qu at tracy.qu@wsj.com

(END) Dow Jones Newswires

July 14, 2026 23:52 ET (03:52 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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