Friday, January 8, 2021

Lithium stocks

Electric vehicles (EVs) are upending the status quo of internal combustion vehicles. Fueling this shift to electric power requires next-generation battery technology and an ample supply of lithium, the key raw material for lithium-ion batteries.
(by market cap)                        
Ticker  Company name Mkt Cap (USD)
ETFs (avg daily vol)  
  • LIT  Global X Lithium & Battery Tech ETF (1.2M)
  1. ALB  Albemarle  18.018B; North Carolina
  2. SQM  Sociedad QuĂ­mica y Minera de Chile  13.784B; Chile; world’s biggest lithium producer
  3. LTHM   Livent  2.783B  Pennsylvania  ; subsidiary of FMC Corporation (FMC)
  4. LAC  Lithium Americas   2.301B  Canada; previously knowns as Western Lithium; owns the Thacker Pass lithium project located in Humboldt County in northern Nevada
  5. PLL  Piedmont Lithium Inc. 731.152M; North Carolina; previously known as WCP Resources; owns the Piedmont lithium project in North Carolina.  Piedmont Lithium will supply spodumene for Tesla electric cars for five years. Piedmont redomiciled to become a US corporation in May 2021 (previously based in Australia)
  6. CBAT   CBAK Energy Technology  592.447M; China; manufacturer of lithium batteries 
  7. WWR  Westwater Resources 133.436M; lithium and graphite; Colorado; formerly known as Uranium Resources (NASDAQ:URRE)

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