Investors surge lithium stocks

INVESTORS have again rushed the lithium sector, with stocks sizzling Friday after heavyweight producer Allkem gave a pricing update that pointed to big increases in the June quarter.

Investors surge lithium stocks Investors surge lithium stocks Investors surge lithium stocks Investors surge lithium stocks Investors surge lithium stocks

Allkem said the June quarter average price received for lithium carbonate is expected to be about US$35,000/t versus the March quarter's $27,236/t - which was 9% higher than the previous guidance.

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