zAngus

Lithium Running Hard On Shortages News

Long
zAngus Aggiornato   
ASX:LTR   LIONTOWN RESOURCES LIMITED
Australian Lithium miners like Liontown Resources are running really well at the moment with all the news around battery shortages.

Might be a bit too late to catch this one, but well worth looking around for other Lithium suppliers that might not have run as hard yet.

"Lithium hydroxide prices hit all-time highs of $20,000 per metric ton on Sept. 8, according to S&P Global. The primary reason is a surge in electric vehicle sales in China that has driven demand for lithium-ion batteries higher. Between January and August, sales of new electric vehicles (NEVs) in China jumped 194% year over year, according to data from the China Association of Automobile Manufacturers."

Source: www.fool.com/investi...ock-jumped-10-today/
Commento:
Back into a value area, so keeping a watch.

Commento:
Big recovery day today.


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