Sigma Lithium Stock Surges on Lithium Demand Forecast
Update: 2025-11-18
Description
Sigma Lithium stock surged by 32% following Ganfeng Lithium Groups chairmans prediction of a 30-40% increase in global lithium demand by 2026. This projection suggests a potential doubling of lithium carbonate prices next year. Despite recent gains, Sigma Lithiums stock is still down 40% from its peak. The growing demand for lithium extends beyond electric vehicles, with AI and data centers driving the need for energy storage systems. North America has seen a 150% increase in demand for stationary storage this year. Sigma Lithiums strong financial standing and resumption of production in Brazil could help their stock recover.
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