Lithium ETF LIT, Albemarle and Chile's SQM slip as EV demand cools, keeping pressure on the Lithium Triangle of Chile, Argentina and Bolivia.
Key Facts
Lithium ETF LIT drifted lower with the fund settling at 67.81 $ after a 1.75% day-on-day decline
Albemarle shares softened closing at 114.85 $ with a 1.76% drop over the session
Chile’s SQM eased modestly ending at 68.73 $ with a 0.85% day-on-day fall
Spot lithium remains under pressure as Chinese battery-grade prices weigh on global contract negotiations for Triangle producers
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