a day ago
- Business
- Wall Street Journal
Lithium Bulls Getting Ahead of Themselves on China Supply Cut
The suspension of a big mine in China may be breathing new life into a depressed global lithium market, but the accompanying rally in shares of lithium producers has run too hard, too fast, analysts say.
Lithium stocks began the week with a bang, chasing prices for the battery metal higher after China's Contemporary Amperex Technology, or CATL, said its license for a mine in Jiangxi province had expired and that production there had been suspended.
