Lithium price slips on key gauges as Albemarle stock jumps again after BofA upgrade
Albemarle shares rose about 3% Wednesday after a Bank of America upgrade, despite benchmark lithium carbonate and hydroxide indices falling 2.1% and 4.7%. The Global X Lithium & Battery Tech ETF gained 2.3%. Investors are awaiting SQM’s results next week for further signals on lithium demand and pricing.