Xizang Mineral Development: Revenue and profit declined sharply on lithium weakness, but chrome and margins improved

About this update from Tibet Mineral Development Co. Ltd. Class A

2024 revenue fell 22.76% and net profit dropped 31.79% year-over-year, mainly due to lower lithium prices and demand, while chrome sales grew. Gross margin improved to 47.01%. Major investments in lithium projects continue, with risks from policy, market, and technology.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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