US Stock Market Move | Lithium mining stocks are generally up. Sociedad Quimica y Minera de Chile S.A. Sponsored ADR Pfd Series B (SQM.US) rose more than 6%.
On Thursday, lithium mining stocks generally rose, with Sigma Lithium (SGML.US) up nearly 8%, Chemicals & Mining of Chile (SQM.US), and Albemarle of the United States (ALB.US) up over 6%.
On Thursday, lithium mining stocks rose across the board, with Sigma Lithium (SGML.US) up nearly 8%, Sociedad Quimica y Minera de Chile S.A. Sponsored ADR Pfd Series B (SQM.US) and Albemarle Corporation (ALB.US) up over 6%, and Lithium Argentina (LAR.US) up over 4%. Deutsche Bank Aktiengesellschaft predicts that by 2026, the average price of lithium products for Sociedad Quimica y Minera de Chile S.A. Sponsored ADR Pfd Series B will reach $18.6 per kilogram, compared to just $8.9 per kilogram in 2025. Rising lithium prices will significantly increase the company's EBITDA and further drive the stock price upwards.
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