Did These Battery Stocks Make Your Watch List?

There are so many types of mining stocks to watch in the market. Some of these include gold mining stocks, silver mining stocks, and bitcoin mining stocks. There is one other sector of the mining stock market that is sometimes overlooked by investors. The sector in question, is stocks related to batteries and lithium. What is the largest vehicle trend of the last decade that is taking over the automotive world? That’s right, electric vehicles. These vehicles are seemingly the future of the automobile. Companies like Tesla are selling high volumes of electric vehicles. Many of these EV’s are powered by lithium batteries. Lithium is a material that is the sole mining purpose of some companies. So when more electric vehicles are being sold, it can often result in the increase of price in these battery stocks.

Lithium batteries are also used in many other types of electronics as well. And as you know, tech stocks have performed extremely well this year. Many electronics have not been able to meet demand because of increased usage during the pandemic. Things like PS5, Xbox, NVIDIA have experienced product shortages that are still going on to this day. Some have projected that the electric vehicle battery market could grow by billions of dollars in the coming years. So many of these battery related mining stocks have been able to perform well in the last year due to increased demand of electronics this year. So let’s now take a look at four battery mining stocks that have performed well last year. These companies could pose great potential for 2021. Only time will tell, so let’s dive right into this battery stock list.

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Top Mining Battery Stocks To Watch

  1. Piedmont Lithium Limited (NASDAQ: PLL)
  2. Lithium Americas Corp. (NYSE: LAC)
  3. Livent Corporation (NYSE: LTHM)
  4. Albemarle Corporation (NYSE: ALB)

Piedmont Lithium Limited

mining stocks Piedmont Lithium Limited (PLL)

The first battery stock to watch is Piedmont Lithium Limited. Piedmont Lithium explores and develops various resource projects all over the United States. The company has a 100% interest in the Piedmont lithium project that covers more than 2,126 acres in North Carolina. It additionally owns a 61-acre property in Kings Mountain, North Carolina for similar exploration purposes. So how has this battery stock performed throughout 2021 so far?

On the day of January 15th, this battery stock went up by 2.20%. Its total stock price as of this date is $40.90 a share on average. Just one month ago, this battery stock was at $25 a share. That’s right, one month ago. The company recently announced a strategic investment in the Quebec Hard-Rock lithium developer Sayona Mining. It invested $12 million to acquire 19.9% of Sayona and 25% of Sayona Quebec.  The President and CEO of Piedmont, Keith D. Phillips said, “The investments are additive to Piedmont from a resources and reserves perspective, and the spodumene supply agreement will offset our Tesla commitments in the near term and position us for longer-term growth in lithium hydroxide production.”

Lithium Americas Corp.

Next up on this battery stock list is Lithium Americas Corp. Lithium Americas Corp. is a resource business that explores for lithium deposits. It actively holds interest in the Cauchari-Olaroz Project, Thacker Pass project, and more. These projects are located in Argentina and Nevada. LAC stock price has gone up significantly since the start of 2020. So how is its performance looking in 2021 so far?

[Read More] Top Mining Stocks To Watch In Mid January

LAC stock price has increased a good amount in the last year. In fact, that is actually an understatement. LAC stock was at $4 a share one year ago. As of January 15th, LAC stock price is at $20.50 a share. This significant growth is due to electric vehicles increased market share, and the boom of electronics in 2020. This company has not released any very recent updates, yet its stock price seems to be soaring. Now we wait to see where this battery stock is headed next.

Livent Corporation

Now let’s talk about the Livent Corporation. Livent is a manufacturing company that makes and sells lithium batteries. It additionally markets polymer and chemical synthesis applications too. The company operates out of North America, Latin America, Europe, Middle East, Africa, and the Asia Pacific. Livent offers lithium compounds for use in applications like lithium hydroxide for potteries as well. This battery stock has also experienced a large amount of recent growth, so let’s look at its 2021 performance.

In 2021, LTHM stock price has already gone from $19 a share to $22 a share on average. One year ago, LTHM stock was under $9 a share. As you can see in this article, there is a trend of these lithium battery companies exploding upwards in value. This company has also not had any recent updates. But Livent did announce it will hold its annual meeting of stockholders on Thursday, April 29th 2021.

Albemarle Corporation

mining stocks to watch Albemarle Corporation (ALB stock)

The final battery stock to watch is Albemarle Corporation. Albemarle is a chemical company that develops, manufactures, and markets various products. It will sell Lithium, Bromine, and Catalysts primarily. Included in its sales are materials for lithium batteries for use in electric vehicles and electronics. So now let’s have a look at this battery stock’s recent performance as well.

In one year, this lithium stock went from $80 a share to $180 a share on average. Its stock price as of January 15th is $180 a share on average. It recently peaked at its record high of above $186 a share. ALB stock has shown great growth and returns on investment to those that purchased stock in the last year. This sector of the market should not be overlooked by those searching for mining stocks.

  1. Piedmont Lithium Limited (NASDAQ: PLL)
  2. Lithium Americas Corp. (NYSE: LAC)
  3. Livent Corporation (NYSE: LTHM)
  4. Albemarle Corporation (NYSE: ALB)

Midam Ventures, LLC | (305) 928-8939 | 1501 Venera Ave, Coral Gables, FL 33146 | news@goldstocks.com
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