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Episode 84: Lithium Market Crash! Are Albemarle and Arcadium Lithium Stocks Out of Power?
The lithium market has been in total disarray, and spot prices for the key ingredient in EV batteries have continued to fall in 2024. Top stocks like Albemarle and Arcadium Lithium (formerly Livent and Allkem) have been dragged down along with those market prices. To that end, Albemarle recently provided some general updates indicating actions it has taken to protect its long-term viability. Chip Stock Investor expects similar for Arcadium as well when they report earnings later in February. Nick and Kasey provide a couple key details to keep in mind for these lithium companies, and whether…
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