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Lithium outperforms in August

Posted on - 09 Sep 2021

Category - Equity markets

Our Hard Rock lithium basket was the best performer in August, up 17% for the month. The 20% move in SpodCon prices was likely responsible for a big chunk of that performance. Sayona Mining (ASX:SYA) was the top performing stock in our basket, with 70%, after its oversubscribed SPP to raise funds for the North American Lithium acquisition. European Lithium (ASX:EUR) was up 30% as it set out its development profile. Normally, 14% basket performance in a month would be a great result. Unfortunately, this month, it relegates our Brine Lithium basket to second place! Best performances came from Lithium...

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Topics

Brine Downstream Equities Hard rock Lithium Manganese Nickel