13 Nov, 23

Time To Buy The Dip As Lithium Stocks Tank?

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After soaring to all-time highs amid the epic lithium boom of 2021/2022, stocks of lithium producers have been badly hammered in the current year as lithium prices continue on the race to the bottom. Shares of American lithium giant Albemarle Corp. (NYSE:ALB) have cratered -46.6% in the year-to-date with the company recently warning that it could lose market share to Chinese producers after failing in its takeover bid for Australian lithium producer Liontown Resources Ltd (OTCPK:LINRF).  Albemarle was forced to abandon…

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