Shares of lithium producer Allkem [ASX:AKE] rose on Thursday on plans to increase lithium production threefold by 2026 and secure a 10% share of the global lithium market.
Search Results for: lithium
The Biggest Oil Trader in the World Dumps Russia — So What’s Next for Energy?
In today’s Money Morning…BP isn’t the only one ditching Russian oil and gas…battery beneficiaries…going nuclear for good…and more…
AVZ Minerals [ASX:AVZ] Shares Rise on Manono Lithium Project Update
AVZ Minerals [ASX:AVZ] rose on Wednesday after its Manono Lithium Project received a ‘favourable technical opinion’. The lithium stock was up 7% in afternoon trade, trading at $1.10 a share. Like many of its lithium peers, AVZ is benefiting from strong capital inflows into the lithium sector, with AVZ shares up more than 500% in […]
Lithium Supply Crunch Hitting Home
In today’s Money Morning…automakers are increasingly worried about lithium supply…EVs are ramping up…a new rush for battery metals…and more…
Firefinch ‘Confident’ on 2022 Production Guidance
Today, gold miner and lithium developer Firefinch [ASX:FFX] released an update on gold production at their Morila Gold Mine.
Lake Resources Shares Soar on Lithium MoU with Ford
Today Lake Resources [ASX:LKE] announced its second non-binding MoU of 2022, this time with auto giant Ford Motor Company. LKE shares rose as much as 16% in morning trade on the news. Reaffirming the strength of the lithium theme, LKE is up over 500% in the last 12 months alone, although the stock is down […]