Lithium trading on the Chicago Mercantile Exchange ( CME ) has reached a record high as investment funds take advantage of the growing market. The demand for lithium, a key component in electric vehicle batteries , has been steadily increasing, leading to a surge in trading activity. Meanwhile, health insurers have experienced a decline in stock prices due to disappointing final Medicare Advantage rates.
Lastly, oilfield service company Schlumberger (SLB) has announced its acquisition of rival ChampionX for $7 billion
Lithium Trading CME Investment Funds Market Electric Vehicle Batteries Health Insurers Medicare Advantage Rates Oilfield Service Schlumberger Championx
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Argentina Lithium & Energy Emerging as a Lithium Exploration PowerhouseThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Tether’s USDT hits first-time $100B valuation record as BTC hits ATHThe rise in USDT’s market cap is advantageous to the stablecoin as it increases its liquidity in the market. This benefits merchants...
Source: CryptoAmb - 🏆 22. / 68 Read more »
Top China Lithium Firms Look Past Profit Slump and Vow ExpansionUndeterred by slumping profits, China’s lithium giants are planning to grab a bigger slice of the market.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Australian Lithium Producer to Sell Online in Transparency PushAustralian miner Mineral Resources Ltd. will use a digital trading platform to sell parcels of spodumene concentrate, a lithium-bearing mineral, in an effort to bring transparency to the market.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Chile Wants to Double Its Lithium Output to Avert Risk of Substitution in BatteriesFor a global lithium industry still reeling from gluts along the battery supply chain, the greater long-term risk is producing too little of the metal rather than too much, according to the world’s No. 2 producer, Chile.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Avalon funds study for Thunder Bay lithium processing plantAvalon Advanced Materials pocketing $15 million for preliminary economic assessment
Source: tbnewswatch - 🏆 75. / 51 Read more »