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: fool.com/investing/2021/09/14/why-lithium-americas-stock-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: fool.com/investing/2021/09/14/why-lithium-americas-stock-jumped-10-today/
Note
Back into a value area, so keeping a watch.Note
Big recovery day today.
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NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.