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

Reuters04-28

April 28 (Reuters) - Tianqi Lithium Corp :

* 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

Source text Further company coverage:

(Reporting by Hong Kong newsroom)

((donny.kwok@thomsonreuters.com; +852 3462 7745;))

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