News Formal

Lithium Stocks Surge on Rio Tinto’s Approach to Buy Arcadium

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 22 sec. here
  • 21 min. at publisher
  • 📊 Quality Score:
  • News: 78%
  • Publisher: 50%

Materials أخبار

Business,Canada,Top Canada

Shares of some lithium companies surged after Rio Tinto Group made an approach for Arcadium Lithium Plc.

Seth Goldstein, equity strategist at Morningstar, joins BNN Bloomberg and talks about more on Lithium.

Lithium stocks have struggled amid excess supplies and weak demand for the key battery metal used in electric vehicles. The spot price for lithium carbonate in China is down more than 85% from its peak in 2022. Lithium miners including Liontown Resources Ltd., Sayona Mining Ltd and Lithium Americas Corp. rose more than 10% on Monday. Shares of Global X Lithium & Battery Tech ETF gained more than 5% in New York.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 83. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Arcadium Lithium, Micron, Netflix: Stocks in focusMorning Brief hosts Brad Smith and Seana Smith delve into today's top stocks on Yahoo Finance. Arcadium Lithium (ALTM) shares are soaring as the company...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »