Tibet Mineral Development provided earnings guidance for 2014. For 2014, the company forecasted net loss attributable to shareholders would hit CNY 80 million to CNY 118 million, compared to profit of CNY 20.13 million a year ago. It mainly attributed the loss to largely dropped output and sales volume of major product chrome iron ore rooted from factors including road construction and market recession, unachieved output goal for electrolytic copper due to equipment debugging, sharply dropped sales volume of electrolytic copper due to low price of nonferrous metals, and poor sales volume of industrial-use lithium carbonate.