Stocks in Action USA: Albemarle, BP, Tesla
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Lithium stocks like Albemarle (ALB) rise after price spike due to license withdrawal in China! Lithium prices are significantly rising after Chinese authorities announced the withdrawal of 27 mining licenses in the key production hub of Yichun, stirring concerns about future supply developments in the markets. This move is triggering a strong increase in lithium carbonate prices in China and boosting shares of lithium producers worldwide, such as Albemarle, SQM, etc., as investors bet on a tighter market environment. Although analysts emphasize...
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