Tibet Mineral Development Co.Ltd(000762) disclose the performance forecast of the first quarter. The company expects to make a profit of 100 million yuan to 150 million yuan in the first quarter of 2022, an increase of 398.08% – 647.12% over the same period of last year. During the reporting period, the company’s business continued to make progress while maintaining stability, and its performance increased steadily. In particular, the demand for lithium resources continued to rise and the price of lithium salt products continued to rise. The company seized the opportunity to increase sales, the sales volume of lithium salt products gradually increased, and the profit of lithium business increased significantly.
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