Xizang Mineral Development: Revenue fell 43% YoY and net loss reached ¥30 million as lithium and chromite prices slumped

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

Revenue dropped 43% year-over-year and the company posted a net loss, mainly due to lower lithium and chromite prices and volumes. The Zabuye lithium project began production but is still ramping up, while cash flow and margins declined sharply.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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