To some extent but keep in mind lithium is a different beast...

To some extent but keep in mind lithium is a different beast compared to iron ore or gold or copper.

Lithium miners are reliant predominantly on growth stocks that thrive on ultra-low interest rates where investors will take on more risk due to low bond yields in return for larger returns that could materialise several years down the track. When bond yields start to rise the reverse happens. Investors put a higher value on companies where returns will arrive sooner. Note trading pattern mid May on inflationary concerns.