Lithium sell-off may be ending as China producers spike higher, Bloomberg says

Price action in the shares of Chinese lithium producers may be signalling the end of the decline in lithium prices, Bloomberg News reports. Tianqi Lithium and Ganfeng Lithium Group advanced approximate 7% in Hong Kong on Wednesday, indicating that “investors may be positioning themselves for a recovery in prices,” added Bloomberg News. Publicly traded companies that may be impacted include: Albemarle (ALB), SQM International (SQM), Tower Hill Mines (THM), Lithium Americas (LAC) and Tesla (TSLA).