Lithium stocks bounce back as market downgrades Tesla threat
On Wednesday, September 23, shares of Albemarle (ALB) and SQM (SQM), the two dominant lithium producers in the world, fell 11.56% and 11.82%, respectively, on an announcement at Tesla’s (TSLA) Battery Day that the electric car maker would start its own lithium...
Materials stocks up today even as U.S.-China trade fears linger
I think the strong move in commodities stocks today has more to do with continued weakness in the U.S. dollar than it does with any renewed faith in growth in the global economy. After all the U.S.-China trade war doesn’t look any more settled today than it did...
Turmoil isn’t done in lithium sector with volatility at SQM and ALB
The announcement of a deal between Sociedad Química y Minera de Chile (SQM) and Chile’s development agency CORFO that resolves a long-standing dispute on royalty rates and that would allow SQM to expand lithium production from the brines at government-owned...
Lithium producer SQM soars after Chilean election
Quite a good two days for Sociedad Quimica y Minera de Chile or SQM for short. The Chilean producer of lithium climbed almost 8% yesterday and tacked on another 2.8% today. The shares (SQM) are now up 11.47% since I added them to my long-term 50 Stocks Portfolio back...
Adding lithium producer SQM to my long-term 50 Stocks Portfolio
Shares of Tesla (TSLA) were down 3.15% in today’s (November 29) session on a report from Reuters that up to 90% of its Model S and Model X vehicles showed defects during quality checks. (Tesla disputes the Reuters story.) On the news, though, lithium stocks fell...Jim’s Daily Email Alerts:
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