The Toronto Stock Exchange s TSX rises 0.98 percent to 20,257.95 Leading the index were Sunopta Inc , up 7.8%, Methanex Corp, up 5.8%, and Lithium Americas Corp, higher by 5.4%. Lagging shares were Canfor Corp, down 2.4%, Trillium Therapeutics Inc, down 2.2%, and Intertape Polymer Group Inc, lower by 1.5%. On the TSX 190 issues rose and 37 fell as a 5.1-to-1 ratio favored advancers. There were 20 new highs and no new lows, with total volume of 152.8 million shares. The most heavily traded shares by volume were Toronto-dominion Bank, Bank Of Nova Scotia and Royal Bank Of Canada. The TSX s energy group rose 1.09 points, or 0.8%, while the financials sector climbed 3.62 points, or 1.0%.
Worldwide Lithium Compound Industry to 2026 - Featuring SQM, Orocobre and Lithium Americas Among Others
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Worldwide Lithium Compound Industry to 2026 - Featuring SQM, Orocobre and Lithium Americas Among Others
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Reuters Reuters
3 July, 2021, 11:15 am
The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook
July 2 (Reuters) – General Motors Co (GM.N) is investing in a U.S. lithium project that could become the country’s largest by 2024, making the automaker one of the first to develop its own source of a battery metal crucial for the electrification of cars and trucks.
The deal, announced on Friday, comes as automakers around the world scramble for access to lithium and other electric vehicle (EV) metals as internal combustion engines are phased out.