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Shares of Lithium Companies Are Trading Higher. The Sector May Be Moving in Sympathy With Strength in the EV Market.
Shares of Lithium Companies Are Trading Higher. The Sector May Be Moving in Sympathy With Strength in the EV Market.
JP Morgan Maintains Neutral on Lundin Mining, Raises Price Target to C$18.8
JP Morgan analyst Patrick Jones maintains Lundin Mining (TSX:LUN) with a Neutral and raises the price target from C$15.7 to C$18.8.
Ivanhoe Mines Restarts Congo Mine After 31-year Hiatus
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Worsened lithium prices? Annual production capacity increased by 79%, with four mines in Argentina jointly contributing, including Zijin Mining and Ganfeng Lithium.
Four new lithium mining projects in Argentina will be put into production in the coming weeks to months, which will nearly double Argentina's lithium production capacity. Although the new capacity will not be put into use immediately, the increased certainty of future supply will undoubtedly further increase the downward pressure on lithium prices.
WUDI CAI :
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