LTHM Stock Recent News

Lithium chemical spot prices and spodumene prices were significantly lower the past month. Lithium market news - Australia's largest lithium mine flags output cut on weak China demand. SQM announces acquisition offer for Azure Minerals for ~US$900m. Lithium company news - Allkem and Livent receive all required regulatory approvals globally to close merger of equals. Sayona Mining announces new high-grade zones encountered in NAL drilling.

Lithium stocks have suffered tremendously since the late summer. The downturn is the result of many factors.

Livent (LTHM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

(Kitco News) - Allkem and Livent are targeting closing of the transaction on January 4, 2024.

Crisis will again lead to opportunity for lithium stocks. Sure, crumbling demand for electric vehicles, fears of oversupply, and stalling lithium demand in China have put a recent dent in lithium prices, but don't let that chase you away.

With the prices of lithium falling and EV makers lowering their demand projections for 2024, lithium ETFs face certain headwinds in the short term. However, the long-term outlook of the market remains optimistic.

Lithium is the key element required for electric vehicle (EV) batteries. As demand for EVs grows, so does the need for battery-grade lithium.

Zacks.com users have recently been watching Livent (LTHM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Lithium stocks are facing a challenging 2023, as the global metal supply exceeds the demand from electric vehicle and battery manufacturers. This surplus is leading to a sharp decline in lithium prices, which has hurt the profitability and growth prospects of many lithium producers.

(Kitco News) - On Tuesday, lithium producer Livent (NYSE: LTHM) announced that its Q3 2023 revenue was $211.4 million, 10% lower than Q2 2023 and 9% higher than Q3 2022.