Lithium Miners Drop as EV Sales Weaken, Middle East Tensions Rise
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Gold slips on stronger dollar; safe haven demand remains strong amid Iran conflict Oil extends move higher on concerns over Strait of Hormuz; more supply coming? Wall Street slumps at the open as Middle East conflict widens After FOUR 60%+ wins - a new list of AI-picked stocks for March IS LIVE NOW FLASH SALE (South Africa Philippines Nigeria) FLASH SALE Lithium Miners Drop as EV Sales Weaken, Middle East Tensions Rise By Editor Garrett Cook Stock Markets Editor Garrett Cook Published 03/03/2026, 10:45 AM Lithium Miners Drop as EV Sales Weaken, Middle East Tensions Rise 0 SQM -11.79% ALB -9.64% LAR -11.82% SLI -8.49% SGML -13.82% Investing.com -- Shares of lithium mining companies declined on Tuesday as weaker sales from major electric vehicle manufacturers and escalating Middle East tensions weighed on demand prospects. The most-active lithium carbonate contract on the Guangzhou Futures Exchange fell 12.99% to close daytime trading at 150,860 yuan a metric ton, hovering near its 13% daily limit. NYSE-listed Albemarle (NYSE:ALB) dropped 10.3%, while Chilean miner SQM (NYSE:SQM) fell 12%. Canadian miners also posted losses, with Sigma Lithium (TSX:SGML) down 14.4%, Lithium Americas (TSX:LAC) declining 8.2%, and Standard Lithium (TSX:SLI) falling 7.5%. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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