Top 10 Lithium Companies To Consider As We Potentially Approach A Lithium Price Bottom

Summary

  • The China lithium carbonate spot prices look to be approaching a bottom after falling 80% from its high.
  • Several higher cost lithium mines are shutting down or reducing production. This typically leads to less supply, price stabilization and potentially some price recovery as demand grows.
  • Consider buying quality lithium stocks as many are near their 52-week lows and well below analyst's price targets as summarized in the article.
  • Be sure to read the risks section.

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China lithium carbonate spot prices look to be approaching a bottom

The lithium sector has been hit severely the past year, with the lithium spot price down ~80%. As a result, most lithium stocks are now badly beaten down, albeit after a

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of GLOBAL X LITHIUM ETF (LIT), AMPLIFY LITHIUM & BATTERY TECHNOLOGY ETF (BATT), ALB, JIANGXI GANFENG LITHIUM [SHE: 2460],ARCADIUM LITHIUM (ALTM), ASX:PLS, ASX:MIN, AMG CRITICAL MATERIALS N.V. [AMS:AMG], ZIJIN MINING GROUP [SHA:601899], TSX:LAC, TSX:LAAC, ASX:AGY, ASX:LLL, ASX:CXO, ASX:SYA, ASX:PLL, ASX:NMT, GALAN LITHIUM [ASX:GLN], LITHIUM SOUTH DEVELOPMENT CORP. [TSXV:LIS], CRITICAL ELEMENTS LITHIUM [TSXV:CRE], WINSOME RESOURCES [ASX:WR1], GLOBAL LITHIUM RESOURCES [ASX:GL1], EUROPEAN METAL HOLDINGS [ASX:EMH], FRONTIER LITHIUM [TSXV:FL], SNOW LAKE LITHIUM (LITM), PATRIOT BATTERY METALS [TSXV:PMET] AND [ASX:PMT], OCEANA LITHIUM [ASX:OCN], MINREX RESOURCES [ASX:MRR], LOYAL LITHIUM [ASX:LLI], PATRIOT LITHIUM [ASX:PAT], ARGENTINA LITHIUM & ENERGY [TSXV:LIT], LITHIUM IONIC CORP. [TSXV:LTH], ATLAS LITHIUM (ATLX), LATIN RESOURCES [ASX:LRS], MIDLAND EXPLORATION [TSXV:MD], BRUNSWICK EXPLORATION [TSXV:BRW], AZIMUT EXPLORATION [TSXV:AZM], COSMOS EXPLORATION [ASX:C1X], MEGADO MINERALS [ASX:MEG], OMNIA METALS GROUP [ASX:OM1], DIXIE GOLD [TSXV:DG], ERAMET [FRA:ERA], FREY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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