"Commodities had a phenomenal run, and that just screams correction."
Europe makes strides to reduce dependency on Chinese battery supply chain, but downstream won’t be so easy, Fitch says.
New report shows US spending on electrified transport peaked in 2018 with Tesla Model 3 launch. Europe’s spending in 2020 was 4 times larger, surpassing China.
The lithium developer's stock has nearly doubled since the beginning of 2021.
