The share price of Piedmont Lithium Inc [ASX:PLL] is tumbling today. Despite releasing a comprehensive update on its Carolina Lithium Project in the US, Piedmont shares are trading 4.15% lower at time of writing.
Lithium
Vulcan Share Price — Lithium Sector’s Bellwether Stock (ASX:VUL)
Vulcan Energy Resources [ASX:VUL] share price is up this week as the lithium developer signed an offtake agreement with automaker Volkswagen.
Core Lithium Ltd Takes Up Option to Buy Six Mining Leases (ASX:CXO)
Core Lithium Ltd [ASX:CXO] share price was up today by more than 7% on early trade after announcing they are buying six ‘highly prospective’ mineral leases located next to their 100%-owned Finniss Lithium Project.
Lithium: A Running Theme in 2022
Obviously, the more the price of lithium runs, the more producers will get into the market, and at one point, supply will catch up.
ASX Lithium and BNPL Stocks Crater on Omicron and Interest Rate Fears
From Afterpay [ASX:APT] to Vulcan Energy Resources [ASX:VUL], BNPL and lithium stocks are under heavy selling pressure today as markets worry about Omicron and inflation.
ASX BNPL and Lithium Stocks: Novonix Falls While Openpay and Splitit Rise
Novonix [ASX:NVX] shares fell 25% before entering a trading halt, while BNPL stocks Openpay Group [ASX:OPY] and Splitit Payments [ASX:SPT] rose on trading updates.
