A meltdown in some of the most-hyped energy-transition metals is wreaking havoc across the mining industry, stalling projects, scuppering deals and triggering a scramble for cash that promises to reverberate through the industry for years. Lithium, a crucial component for electric vehicle (EV) batteries, has seen its value plummet by over 80% since its peak in late 2022. The market has rapidly shifted from fears of scarcity to an overwhe...
$美國雅保(ALB.US)$is the latest victim of a weak lithium pricing environment. Despite higher volumes leading to a 10.5% rise in net sales to US$2.31 billion, its net income dropped 66.3% YoY to US$302.5 million. The company also trimmed its net sales forecast for the year from US$10.4 billion to US$11.5 billion to a range of US$9.5 billion to US$9.8 billion. Most of that has come as EV sales growth in China has trailed lit...
When we get excited about growing and evolving markets, it's easy to forget the big little guys behind the finished products. Leaning towards specific sectors or products is human nature, we all have our own reasons for investing where we do. Industrial Chain feature on Moomoo will definitely open some eyes 👀 regarding who sits where on the chain, meaning who is dependant on who? it's not only useful but interesting! We all know Apple, Microsoft, Meta, Tesla, Futu....
GANFENG LITHIUM GROUP CO LTD股票討論區
專欄Why This Lithium Miner Doubles Its Supply Amid Price Plunge
Lithium, a crucial component for electric vehicle (EV) batteries, has seen its value plummet by over 80% since its peak in late 2022. The market has rapidly shifted from fears of scarcity to an overwhe...
專欄Lithium Giants Earnings Downgrades: What is Behind Lithium Price Plunge?
The company also trimmed its net sales forecast for the year from US$10.4 billion to US$11.5 billion to a range of US$9.5 billion to US$9.8 billion.
Most of that has come as EV sales growth in China has trailed lit...
Helpful tools: Industrial Chain
Industrial Chain feature on Moomoo will definitely open some eyes 👀 regarding who sits where on the chain, meaning who is dependant on who? it's not only useful but interesting!
We all know Apple, Microsoft, Meta, Tesla, Futu....
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