BUZZ-Lithium miners rise as prices surge after China revokes mining licenses
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Shares of lithium miners rise as lithium prices surge in China after the revocation of 27 mining licenses in Yichun. The most-active lithium carbonate contract on the Guangzhou Futures Exchange reached its highest since June 2024, closing up 7.61%. Albemarle rose 5%, SQM gained 7%, Sigma Lithium increased 13.5%, Lithium Americas up 3%, and Standard Lithium gained 3.7%.
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