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Fintech Focus For June 2, 2021
Tuesday, June 1, 2021 - 11:54pm | 1360Read More...Quote To Start The Day: “Before you criticize someone, you should walk a mile in their shoes. That way when you criticize them, you are a mile away from them and you have their shoes.” Source: Jack Handey One Big Thing In Fintech: Technology was supposed to broaden access to financial...
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1 Lithium Battery Stock That's Up Big: Is It Too Late To Buy?
Thursday, April 15, 2021 - 11:37am | 146Read More...Don’t count on lithium company Albemarle Corporation (NYSE: ALB) returning to its recent highs anytime soon: significant resistance has formed in the market. Resistance is a significant number of sellers who have gathered around the same price level. There is more supply than demand for...
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Tesla Co-Founder's Battery Recycling Company Ties Up With E-Waste Firm ERI
Friday, March 26, 2021 - 2:54am | 336Read More...Tesla Inc. (NASDAQ: TSLA) co-founder JB Straubel’s recycling startup Redwood Materials is partnering with North American electronic waste processing company ERI to recycle batteries and solar panels. What Happened: As part of the partnership, Nevada-based Redwood has made an undisclosed...
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5 Canadian Mining Companies To Watch As US Looks North For EV Battery Minerals
Friday, March 19, 2021 - 5:24pm | 668Read More...The electric vehicle sector is set to explode over the next 10 years and the U.S. is looking to create a supply chain with Canada. What Happened: Tesla Inc (NASDAQ: TSLA), Talon Metals Corp. (OTC: TLOFF) and Livent Corp (NYSE: LTHM) were among 30 EV and battery manufacturers, in addition...
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Lithium And Hydrogen Trades: 5 Battery-Related Stocks To Watch
Saturday, February 20, 2021 - 9:38am | 751Read More...Stocks in electric battery technology have been heating up as automakers, airlines and equipment manufacturers continue to form partnerships with tech companies. Batteries are essential to many of the technologies that innovators hope will replace fossil fuel-burning machines. This bodes well for...
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Battery Recycler Li-Cycle Gets SPAC Merger Deal
Tuesday, February 16, 2021 - 11:50am | 552Read More...North America’s largest lithium-ion battery recycling company is going public in a SPAC merger. The SPAC Deal: Li-Cycle is going public with Peridot Acquisition Corp (NYSE: PDAC) in a deal valuing the former at $1.6 billion. Li-Cycle will get $615 million in gross proceeds from the SPAC...
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BofA Raises Price Targets For Lithium Producers
Tuesday, December 15, 2020 - 2:25pm | 271Read More...The demand for lithium products is inflecting, with accelerating demand for electric vehicles as governments in Europe and Asia inject stimulus to boost vehicle penetration and adoption, according to BofA Securities. The Chemicals Analyst: Steve Byrne maintained Underperform ratings for Albemarle...
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Livent Shares Surge On Earnings, Tesla Partnership
Friday, November 6, 2020 - 12:06pm | 431Read More...Livent Corporation (NYSE: LTHM) shares are setting new 52-week highs Friday after announcing earnings, a new joint venture and an expanded partnership with Tesla Inc. (NASDAQ: TSLA). Q3 Earnings: Livent reported third-quarter revenue of $72.6 million. This was down from the prior year’s...
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Tesla Contract Gives Boost To Mining Startup Looking To Produce Lithium For Batteries
Wednesday, September 30, 2020 - 1:48pm | 765Read More...The most ambitious project in the U.S. to free it from almost total dependence on lithium imports to make batteries has received a huge boost with a long-term deal to supply an intermediate product to Tesla, Inc. (NASDAQ: TSLA). Lithium is generally considered the most efficient battery metal, and...
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Here's How Much Investing $1,000 In The 2018 Debut Of Piedmont Lithium Would Be Worth Today
Monday, September 28, 2020 - 1:10pm | 539Read More...Investors who owned stocks since October 2018 generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return in that time is roughly 31%. But there’s no question some big-name stocks have done much better than others in that stretch. Piedmont Lithium’s...
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Tesla Inks 5-Year Supply Deal With Australian Miner To Satisfy Growing Hunger For Lithium
Monday, September 28, 2020 - 4:17am | 369Read More...Tesla Inc (NASDAQ: TSLA) has signed a five-year deal with Australia’s Piedmont Lithium Limited (NASDAQ: PLL) for the supply of high-purity lithium ore, Reuters reported Sunday. What Happened: Under the agreement, the Elon Musk-led automaker would obtain a third of its requirement of 160,...
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Fintech Focus For August 24, 2020
Sunday, August 23, 2020 - 12:13am | 2395Read More...Quote Of The Day: Don't judge each day by the harvest you reap but by the seeds that you plant. - Robert Louis Stevenson Fintech Movers: A group of Congressional lawmakers have sent a letter to the Internal Revenue Service (IRS) that urges the U.S. tax agency to write policy that does not...
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What Is Lithium Used For?
Wednesday, January 15, 2020 - 9:58am | 912Read More...Lithium is of the key metals driving the high-tech revolution. The light, silvery metal, found in hard rock mines and salt lakes, is a vital component of lithium-ion batteries, the technology that powers your cell phone, laptop and other electronic devices. Lithium — also known as "white petroleum...
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BofA Turns Bearish On Livent After Bullish Conference Call
Monday, August 12, 2019 - 1:20pm | 372Read More...Shares of lithium producer Livent Corp (NYSE: LTHM) gained more than 30% after hosting a bullish second-quarter conference call, but one analyst is skeptical on the company's outlook. The Analyst Bank of America Merrill Lynch's Steve Byrne downgraded Livent from Neutral to Underperform...
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As Electric Car Makers Ramp Production, Lithium ETF Is Compelling Way To Participate
Friday, May 24, 2019 - 2:44pm | 458Read More...The electric car market is ramping up, and this means increasing demand for lithium — a key component in car batteries. One exchange-traded fund is well-positioned in the market to take advantage of lithium. For those looking at the sector for investment opportunities, the Global X...














