Lithium firms rise after U.S., other countries deepen climate goals

CBAK Energy Technology

22/04/2021 18:16

** U.S.-listed shares of lithium miners Lithium Americas
Corp  LAC.N , Piedmont Lithium  PLL.O , Livent Corp  LTHM.N ,
Albemarle Corp  ALB.N  rise between 1.2% and 4.3%
    ** United States and two other countries hike their targets
for slashing greenhouse gas emissions at a global climate summit
hosted by President Joe Biden  urn:newsml:reuters.com:*:nL1N2MF14N
    ** U.S. emissions cuts are expected to come from power
plants, automobiles and other sectors, but the White House did
not set individual targets for those industries
    ** Clean energy push helps lithium producers, whose
batteries are used in electric vehicles
    ** Shares of lithium-ion battery manufacturer CBAK Energy
 CBAT.O  up 1.5% at $4.6

 (Reporting by Sahil Shaw in Bengaluru)
 ((sahil.shaw@thomsonreuters.com))