Despite Lower Prices, Wall Street Maintains Conviction for Lithium
August 05, 2024 at 20:34 PM EDT
Lithium prices are continuing to slide. One of its biggest market players, Albemarle Corporation, is halting plans to expand operations in Australia. Nonetheless, Wall Street maintains its conviction in lithium given the potential of electric vehicle (EV) expansion. As CNBC noted in a report, Albemarle is facing the pressure of weaker lithium prices in the [...] The post Despite Lower Prices, Wall Street Maintains Conviction for Lithium appeared first on ETF Trends .