BRIEF: CATL extends lead with 40% third-quarter profit growth
Leading lithium battery maker Contemporary Amperex Technology Co. Ltd. (3750.HK; 300750.SZ)(CATL) reported on Monday its revenue rose 12.9% year-over-year to 104.2 billion yuan ($14.63 billion) in the third-quarter, while its…
BRIEF: CATL to resume production at Jiangxi lithium mine, faster than expected
Lithium battery giant CATL (3750.HK; 300750.SZ) is preparing to restart operations at its Jianxiawo lithium mine in Jiangxi province’s Yichun, after a one-month suspension. The mine halted production on Aug.…
BRIEF: Ganfeng Lithium to raise $322 million by selling shares, convertible bonds
Lithium producer Ganfeng Lithium Co. Ltd. (1772.HK; 002460.SZ) announced on Tuesday that it plans to raise HK$2.52 billion ($322 million) through a combination of selling shares and convertible bonds. It…
BRIEF: Zenergy swings to the black on growing economies of scale
Lithium ion battery maker Jiangsu Zenergy Battery Technologies Group Co. Ltd. (3677.HK) said on Thursday it expects to report a profit of between 198 million yuan ($27.6 million) and 243…
Tinci Materials eyes Hong Kong listing, hoping investors see past its sagging profits
The lithium battery materials maker aims to use funds from its planned IPO to advance its global expansion, as it grapples with declining profits and weak prices Key Takeaways: Tinci…
BRIEF: Lopal Tech raises $15 million in share placement
Lithium iron phosphate battery cathode materials manufacturer Jiangsu Lopal Tech Co. Ltd. (2465.HK), said on Wednesday it will place 20 million new shares at a price of HK$6 apiece, raising…
BRIEF: Tianqi Lithium returns to profit in first quarter
Lithium miner Tianqi Lithium Corp. （9696.HK; 002466.SZ）announced on Wednesday it expects to report a net profit of between 82 million yuan（$11.24 million）and 123 million yuan for the three months through March,…
