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...
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...
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