20 days ago • Posted by Martin Boujol
EV-fueled lithium comeback: Wall Street's bet
Investors strongly believe in the comeback of lithium, used for electric batteries, as the EV trend only grows. Miners have raised almost $3.4 billion in equity offering in the US this year, seven times the total amount raised between 2018 and 2020. Albemarle Corporation and SQM are two of the largest companies, and have also raised the most capital, with $1.5 billion and $1.1 billion respectively.
Source: Yahoo! Finance