IBN Coverage: McEwen Mining (NYSE: MUX) (TSX: MUX) Poised for Opportunity Amid Rising Demand for "AI Metals"
The world's largest lithium producer: shifting the supply chain to the West is not feasible.
①Kent Masters, CEO of the world's largest lithium producer Albemarle, recently stated that establishing a supply chain in North America and Europe to regain control over key mineral resources from China is not economically feasible. ②He also added that the United States will "absolutely" face risks of failure in the lithium resource competition with China.
Metal Prices Rise, Mounting Recovery After Trump-Sparked Losing Streak -- Market Talk
McEwen Mining Inc. (NYSE:MUX) Just Reported Third-Quarter Earnings And Analysts Are Lifting Their Estimates
Shares of Metals and Materials Companies Are Trading Lower. The Sector May Be Reacting to China's Recent Stimulus Efforts Which Have Struggled to Buoy the Economy and Business Conditions.
Roth MKM Maintains McEwen Mining(MUX.US) With Buy Rating, Cuts Target Price to $12.25