-
Slumping Battery Startup Romeo Power Pays Big To Secure Cell Supply
Tuesday, August 17, 2021 - 1:36pm | 1184Newly public Romeo Power Inc. is betting a large part of its future on a long-term cell supply agreement with LG Electronics that would allow the startup to compete for new business and fill its current backlog. Los Angeles-based Romeo (NYSE: RMO), which went public in late December following a...
-
Li-Cycle, Helbiz Form Global Partnership For Lithium-Ion Battery Recycling
Wednesday, July 14, 2021 - 7:27am | 384A battery recovery company and global leader in micro-mobility are teaming up to launch a partnership bringing two companies going public together in a global partnership. What Happened: Li-Cycle Corp and Helbiz are teaming up on a partnership to create a safe and sustainable recycling solution for...
-
The Long-Term View On Lithium
Monday, March 19, 2018 - 7:47am | 529After surging more than 64 percent last year to rank as one of 2017's best-performing non-leveraged exchange-traded funds, the Global X Lithium & Battery Tech ETF (NYSE: LIT) is down more than 8 percent year-to-date. The $1 billion LIT follows the Solactive Global Lithium Index and “...
-
Argus: Albemarle Has 30% Upside On Strong Lithium Demand
Friday, February 23, 2018 - 10:36am | 376Albemarle Corporation (NYSE: ALB) is likely to benefit from a strong lithium outlook, according to Argus. The Analyst Analyst Mike Jaffe initiated coverage of shares of Albemarle with a Buy rating and a $148 price target, suggesting roughly 30 percent upside from current levels. The...
-
Could Tesla's Gigafactory Site Announcement Come Thursday?
Tuesday, July 29, 2014 - 9:15am | 673Tesla (NASDAQ: TSLA) could be gearing up to make an important announcement as early as Thursday -- when it announces earnings -- about its massive lithium-ion battery Gigafactory. Reno In The Crosshairs Forbes suggested Tesla could announce the future gigafactory's site as Reno, pointing...
-
Top five lithium stocks of 2010 (ULBI, FMC, SQM, VLNC, XIDE)
Thursday, December 9, 2010 - 10:15am | 350One of my favorite anecdotes about lithium-ion power comes from a GM exec by the name of Robert Lutz. In 2007, Lutz's engineers were telling to forget lithium-ion batteries. “All the geniuses here at General Motors kept saying lithium-ion technology is 10 years away, and Toyota agreed with us – and...