As of 18:00 Wed 10/05: Gang feng up 5% Tianqi Lithium up 12%...

As of 18:00 Wed 10/05:
Gang feng up 5%
Tianqi Lithium up 12%

Nice green candlestick signifying change of sentiment and trend.

These are big producers and they are up in big way based on the Merger news of Livent and AKE

Livent (LTHM) is up 10% premarket – suggest to me that AKE will be around the same if pre-market holds i.e. >$14 for tmrw open – let’s see what’s the closing for LTHM tmrw morning.





M&A is well and truly underway:First, we had ALB bidding for LTR. Now we have merger btw LTHM and AKE.

The lithium sector is well and truly on fire. I wonder which developer/producers will be next, and those underbidder will start to seek 2^nd tier assets.

Bring on tomorrow – for another “all green” across the lithium space, with BBQ’ed shorts