Australian Lithium miners like Liontown Resources are running really well at the moment with all the news around battery shortages.
Might be a bit too late to catch this one, but well worth looking around for other Lithium suppliers that might not have run as hard yet.
"Lithium hydroxide prices hit all-time highs of $20,000 per metric ton on Sept. 8, according to S&P Global. The primary reason is a surge in electric vehicle sales in China that has driven demand for lithium-ion batteries higher. Between January and August, sales of new electric vehicles (NEVs) in China jumped 194% year over year, according to data from the China Association of Automobile Manufacturers."
Source: www.fool.com/investi...ock-jumped-10-today/
Might be a bit too late to catch this one, but well worth looking around for other Lithium suppliers that might not have run as hard yet.
"Lithium hydroxide prices hit all-time highs of $20,000 per metric ton on Sept. 8, according to S&P Global. The primary reason is a surge in electric vehicle sales in China that has driven demand for lithium-ion batteries higher. Between January and August, sales of new electric vehicles (NEVs) in China jumped 194% year over year, according to data from the China Association of Automobile Manufacturers."
Source: www.fool.com/investi...ock-jumped-10-today/
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Back into a value area, so keeping a watch.
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Big recovery day today.
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