Citi Hikes Short-term Lithium Price Forecast but Also Sees Gains Fading
Contemporary Amperex Technology plans to impose production limits on its main lithium mines, Citigroup says there may be more production cuts, and lithium mining stocks in the US stock market are responding with gains.
After contemporary amperex technology considered suspending some lithium mining and production business, lithium mining stocks in the U.S. soared.
Crude Oil Surges 2.5%; Rentokil Initial Shares Plunge
Sigma Lithium Up Over 13%, on Pace for Largest Percent Increase in Almost a Year -- Data Talk
CORRECTION: Lithium Stocks Are Higher
Lithium Shares Surge as World's Biggest EV Battery Maker Cuts Output at Major Mine