BUZZ-Lithium miners dip as EV sales weaken, Middle East tensions rise

Standard Lithium -0.85%
Sigma Lithium Corporation +1.04%
Albemarle Corporation +2.39%
Lithium Americas Corp. +0.68%

Standard Lithium

SLI

3.49

-0.85%

Sigma Lithium Corporation

SGML

17.57

+1.04%

Albemarle Corporation

ALB

189.86

+2.39%

Lithium Americas Corp.

LAC

4.41

+0.68%

** Shares of lithium miners fall as weaker sales from major electric vehicle manufacturers and escalating Middle East tensions dampened demand prospects

** The most-active lithium carbonate contract on the Guangzhou Futures Exchange fell 12.99% to close daytime trading at 150,860 yuan a metric ton, hovering near its 13% daily limit

** Albemarle ALB.N drops 10.3%, and Chilean miner SQM SQMA.SN falls 12%

** Canadian miners Sigma Lithium SGML.V dips 14.4%, Lithium Americas LAC.TO down 8.2% and Standard Lithium SLI.V falls 7.5%


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