Australia markets open in 3 hours 4 minutes
  • ALL ORDS

    7,758.00
    -1.30 (-0.02%)
     
  • AUD/USD

    0.7522
    +0.0018 (+0.24%)
     
  • ASX 200

    7,448.70
    +5.30 (+0.07%)
     
  • OIL

    82.19
    -2.46 (-2.91%)
     
  • GOLD

    1,797.80
    +4.40 (+0.25%)
     
  • BTC-AUD

    78,444.48
    -4,500.72 (-5.43%)
     
  • CMC Crypto 200

    1,412.28
    -62.05 (-4.21%)
     

Why Rare Earth and Lithium Stocks Crashed Today

·3-min read
Why Rare Earth and Lithium Stocks Crashed Today
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Monday put investors in lithium and rare earth metal stocks on the edge. While Standard Lithium (NYSEMKT: SLI) and Lithium Americas (NYSE: LAC) sank 10.7% and 13.3%, respectively, by 2:30 p.m. EDT, rare earth stock MP Materials (NYSE: MP) was down 8.5% by then. With concerning news from China and an electric-vehicle (EV) manufacturer slashing its outlook on supply shortages hitting electric-vehicle stocks hard, lithium and rare earth stocks were bound to feel the heat.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting