Four Promising Players in Lithium Space That You Should Know
Major names in the lithium mining space posted gains yesterday after Elon Musk called on entrepreneurs to enter lithium refining during Tesla’s (TSLA) second-quarter earnings call this week. Concurrently, the Global X Lithium Battery Tech ETF (LIT) rose nearly 2.7% yesterday. Let’s have a look at four major names in the space that rallied yesterday: Ioneer Limited, Lithium Americas, Sociedad Quimica, and Piedmont Lithium, and how they stack up. Musk noted that lithium is one of the most common elements on the planet, but refining it into battery-grade lithium hydroxide and lithium carbonate and scaling the operations remains difficult.
Four Promising Players in Lithium Space That You Should Know
Major names in the lithium mining space posted gains yesterday after Elon Musk called on entrepreneurs to enter lithium refining during Tesla’s (TSLA) second-quarter earnings call this week. Concurrently, the Global X Lithium Battery Tech ETF (LIT) rose nearly 2.7% yesterday. Let’s have a look at four major names in the space that rallied yesterday: Ioneer Limited, Lithium Americas, Sociedad Quimica, and Piedmont Lithium, and how they stack up. Musk noted that lithium is one of the most common elements on the planet, but refining it into battery-grade lithium hydroxide and lithium carbonate and scaling the operations remains difficult.