Lithium Companies' Shares Are Moving Higher Wednesday: What's Going On?
Lithium Companies' Shares Are Moving Higher Wednesday: What's Going On?
Shares of lithium companies including, Sociedad Quimica y Minera (NYSE:SQM), Albemarle Corporation (NYSE:ALB) and Lithium Americas Corp. (NYSE:LAC) are trading higher Wednesday amid a rise in the price of lithium. The Chinese company Contemporary Amperex Technology reportedly stopped production at its mine in Jiangxi.
由於鋰價格上漲，包括Sociedad Quimica y Minera（紐約證券交易所代碼：SQM）、雅寶公司（紐約證券交易所代碼：ALB）和美洲鋰業公司（紐約證券交易所代碼：LAC）在內的鋰公司的股價週三上漲。據報道，中國寧德時代公司停止了其江西礦山的生產。
What To Know: The halt at this major mine may alleviate oversupply concerns. UBS Analysts, led by Sky Han, explained that the stop will prompt an 8% drop in China's lithium output, according to Bloomberg.
須知：這座主要礦山的停產可能會緩解供應過剩的擔憂。據彭博社報道，由Sky Han領導的瑞銀分析師解釋說，此次停產將促使中國的鋰產量下降8％。
Lithium shares have struggled throughout the past year as lithium supply has exceeded demand. The drop in China's lithium output could aid in rebalancing lithium supply and demand.
由於鋰供應超過需求，鋰股在過去一年中一直處於困境。中國鋰產量的下降可能有助於重新平衡鋰的供需。
UBS reportedly mentioned it has a, "higher conviction this time" that the Jiangxi mining halt news is true. Past reports about halted mining operations have been shown to be false.
據報道，瑞銀表示，它 「這次更堅信」 江西停採礦的消息是真實的。過去關於停止採礦作業的報道已被證明是錯誤的。
Related Link: Canada Nickel Receives $500M Loan Interest From Government Agency For Ontario Project
相關鏈接：加拿大鎳業公司獲得政府機構爲安大略省項目提供的5億美元貸款利息
Price Action: At the time of writing, Sociedad Quimica y Minera stock is moving 10.4% higher at $38.53, Albemarle stock is moving 8.42% higher at $85.27 and Lithium Americas stock is trading 6.61% higher at $2.35 per data from Benzinga Pro.
價格走勢：在撰寫本文時，根據Benzinga Pro的數據，Sociedad Quimica y Minera股價上漲10.4％，至38.53美元；雅寶股價上漲8.42％，至85.27美元；美洲鋰業股票上漲6.61％，至2.35美元。
Image: Photo via Shutterstock
圖片：照片來自Shutterstock