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Benzinga
Benzinga
Business
Namrata Sen

Albemarle Stock Surges Nearly 11%, Other Lithium Stocks Gain In Monday Pre-Market: What's Going On?

lithium Albemarle CATL Lithium Americas Corp GM
Close-up,Of,Lithium-ion,Cells,For,High-voltage,Electric,Vehicle,Batteries,Manufacturing

Albemarle Corp (NYSE:ALB) soared 10.57% while other lithium stocks Lithium Americas Corp (NYSE:LAC) and Sociedad Quimica y Minr de Chile SA (NYSE:SQM) climbed 9.32% and 7.39%, respectively, in premarket trading on Monday, amid hopes that the halt in operations at CATL’s mine could potentially affect the global lithium supply and push up prices. 

CATL Mine Halt Sparks Lithium Price Surge On Supply Fears

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