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Significant Drop in Ganfeng Lithium and Other Lithium Mining Stocks Amid Lithium Carbonate Futures Decline and Trading Fee Adjustments

Ganfeng Lithium shares plummeted between 6.19% to 8% in Hong Kong trading, alongside Tianqi Lithium and CATL, following a sharp decline in lithium carbonate futures prices and adjustments in trading fees by GFEX. The market reaction reflects concerns over the lithium sector's near-term outlook, impacting major lithium mining stocks significantly.

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    • Tiger_ContraTiger_Contra
      ·11-21

      🌟 Lithium Stocks Swing Wildly— Short-Term Noise, Long-Term Trend?

      On November 19, U.S.-listed lithium stocks rallied strongly: $Sigma Lithium Corporation(SGML)$ surged over 20%, $Sociedad Quimica Y Minera De Chile SA(SQM)$ gained nearly 7%, $Lithium Americas Corp.(LAC)$ rose more than 3%, $Albemarle(ALB)$ climbed over 2%.But the very next day, on November 20, the momentum flipped. The sector weakened across the board, with six constituents turning lower and Sigma Lithium leading the decline: $Sigma Lithium Corporation(SGML)$ once plunged 7.33%, now down 6.94% at USD 9.64, with USD 100M in turnover. $Albemarle
      看13.61K回复Comment
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      🌟 Lithium Stocks Swing Wildly— Short-Term Noise, Long-Term Trend?
    • Tiger_ContraTiger_Contra
      ·11-21

      🌟 Lithium Stocks Swing Wildly— Short-Term Noise, Long-Term Trend?

      On November 19, U.S.-listed lithium stocks rallied strongly: $Sigma Lithium Corporation(SGML)$ surged over 20%, $Sociedad Quimica Y Minera De Chile SA(SQM)$ gained nearly 7%, $Lithium Americas Corp.(LAC)$ rose more than 3%, $Albemarle(ALB)$ climbed over 2%.But the very next day, on November 20, the momentum flipped. The sector weakened across the board, with six constituents turning lower and Sigma Lithium leading the decline: $Sigma Lithium Corporation(SGML)$ once plunged 7.33%, now down 6.94% at USD 9.64, with USD 100M in turnover. $Albemarle
      看13.61K回复Comment
      点赞1.66K
      编组 21备份 2Share
      Report
      🌟 Lithium Stocks Swing Wildly— Short-Term Noise, Long-Term Trend?
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