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Lithium Americas’ (NYSE:LAC) stock price declined around 10% year-to-date to $26.33 per share. At the same time, the Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) lost 7% to $78.40 per share.
Stock. Price. Market Cap. Albemarle. $115. $13.509 billion. Sociedad Química y Minera de Chile. $45.43. $12.977 billion. Lithium Americas. $3.04. $660.197 million
There has been much talk about the impending growth for electric vehicles (EVs) in the next decade. It’s expected that EV sales will be nearly 30% of vehicle sales by fiscal year 2030. Given ...
Lithium Americas (LAC) traded as high as $41.56 before slumping to about $24 Demand still outweighs supply For a greener future, we need as much lithium as possible Source: Wirestock Creators ...
In September 2015, Lithium Americas merged into another Canadian junior mining company, the Western Lithium USA Corporation. [ 3 ] [ 4 ] The Western Lithium USA Corporation was founded in 2008 as a spinoff of Western Uranium's lithium project in the King Valley (now known as Thacker Pass). [ 5 ]
Big upside in cheap lithium stocks is a product of rapidly growing demand. Lithium, aka white petroleum, is an important metal used in the production of electric vehicle batteries. According to ...