Shares of Lithium Companies Are Trading Higher. The Sector May Be Moving in Sympathy With Strength in the EV Market.

Shares of Lithium Companies Are Trading Higher. The Sector May Be Moving in Sympathy With Strength in the EV Market.

Benzinga00:22

Sociedad Química Y Minera De Chile S.A. (SQM): Did This Potash Stock Get a Positive Rating From Wall Street Analysts?

Yahoo FinanceJun 30 11:34

Shares of Lithium Companies Are Trading Lower as the Sector Pulls Back After Following Recent Strength. Lithium Stocks May Be Volatile Due to a Market Surplus.

Shares of Lithium Companies Are Trading Lower as the Sector Pulls Back After Following Recent Strength. Lithium Stocks May Be Volatile Due to a Market Surplus.

BenzingaJun 27 22:47

US stock market turmoil: lithium mining stocks fall as BMI, a research institution under Fitch, predicts that lithium prices will continue to be under pressure.

On June 27, Guolonghui: Albemarle (ALB.US) fell over 4% and Sociedad Quimica y Minera de Chile (SQM.US) fell over 3.3%. In terms of news, Fitch Solutions' research institution BMI under the Moodys Solutions predicts that lithium prices will continue to be under pressure in 2024-2025, lower than the high point of 2022-2023, due to the rapid expansion of global lithium supply, leading to oversupply in the lithium market. BMI stated that although the increase in demand for lithium chemicals used in electric vehicle batteries and energy storage systems is expected to support prices near current levels in the short term, large-scale and emerging

Gelonghui FinanceJun 27 22:05

Fitch's research institutions have revised their gold price forecast to $2,250, singing short on lithium prices.

On Thursday, BMI, a research institution under Fitch Ratings, raised its 2024 gold price forecast and predicted that lithium prices would remain low.

Zhitong FinanceJun 27 19:46

Investors in Sociedad Química Y Minera De Chile (NYSE:SQM) Have Seen Notable Returns of 70% Over the Past Five Years

Yahoo FinanceJun 27 18:26