NASDAQ:SGML 24 February 2026 - 25 February 2026

Lithium price jumps after Zimbabwe export ban; Albemarle and Sigma Lithium stocks leap

Lithium price jumps after Zimbabwe export ban; Albemarle and Sigma Lithium stocks leap

New York, Feb 25, 2026, 14:44 — Regular session. China’s lithium market saw a swift jump Wednesday, with spot prices for lithium carbonate moving up to 160,000-162,000 yuan per tonne, compared to 150,000-152,000 just a day prior, according to SunSirs data. The spike followed news that Zimbabwe has stopped exporting lithium concentrates and other unprocessed minerals, tightening supply for refiners and battery manufacturers.
February 25, 2026