The upward trajectory for key battery metallic lithium is just not exhibiting indicators of slowing down, with carbonate costs in China hovering to an all-time excessive this previous December.
Regardless of the broad inventory market selloff seen not too long ago, a variety of lithium firms have been performing nicely.
Right here the Investing Information Community takes a have a look at the highest lithium shares with year-on-year beneficial properties listed on the NYSE and NASDAQ. The listing under was generated utilizing TradingView’s inventory screener on February 3, 2022, and contains firms that had market caps above US$50 million at the moment.
1. Albemarle
Yr-on-year acquire: 41.14 p.c; present share worth: US$218.62
Albemarle (NYSE:ALB) is a world specialty chemical compounds firm with main positions in lithium, bromine and catalysts. It has lithium manufacturing amenities in Europe, North and South America, Asia and Australia.
The corporate owns lithium brine operations in Clayton Valley close to Silver Peak within the US, in addition to within the Salar de Atacama in Chile. It additionally owns a 49 p.c stake in Talison Lithium, which runs the huge hard-rock Greenbushes mine, in addition to a 60 p.c stake within the Wodgina hard-rock lithium mine in Western Australia.
2. Lithium Americas
Yr-on-year acquire: 28.21 p.c; present share worth: US$25.81
Lithium Americas (NYSE:LAC) owns the Thacker Go lithium claystone venture in Nevada, US. With an preliminary Section 1 capital value of US$581 million, the venture may have an annual manufacturing capability of 60,000 tonnes.
Along with Thacker Go, Lithium Americas, along with Chinese language prime lithium producer Ganfeng Lithium (OTC Pink:GNENF,HKEX:SZSE:002460), is growing the Caucharí-Olaroz venture positioned in Jujuy, Argentina. The corporate can also be within the strategy of finalizing the acquisition of Millennial Lithium (TSXV:ML,OTCQX:MLNLF) and its flagship lithium brine venture, Pastos Grandes, in Salta, Argentina.
3. Livent
Yr-on-year acquire: 12.06 p.c; present share worth: US$22.40
Livent (NYSE:LTHM), which was spun off from chemical manufacturing firm FMC (NYSE:FMC) in 2018, has manufacturing websites within the US, England, India, China and Argentina.
The corporate operates its lithium enterprise within the Salar del Hombre Muerto in Argentina, the place it has been extracting lithium for greater than 20 years. The lithium carbonate produced serves because the feedstock for Livent’s downstream lithium hydroxide manufacturing. Livent can also be at the moment producing certified battery-grade lithium hydroxide in each the US and China.
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Securities Disclosure: I, Priscila Barrera, at the moment maintain no direct funding curiosity in any firm talked about on this article.
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