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Wednesday, lithium miner Albemarle announced head count reductions and less capital spending. Electric-vehicle demand isn’t keeping up with lithium supply.
Shares of lithium miner Albemarle are falling again after an analyst downgrade. It's been a terrible 12 months for the lithium mining sector, and Wall Street...
Mining projects are being delayed after a plunge in battery-metal prices
Investors shouldn’t be discouraged by the recent declines in battery-grade lithium with expectations for growth in demand from the electric vehicle market...
A metric ton of the silvery-white metal, which is used in batteries for electric vehicles, has ranged from $5,000 to almost $90,000 in the past few years.