Magic

[Billybob_TX]

Lithium: 08:23 ET - Benchmark Mineral Intelligence calls a bottom on lithium prices in China after a nearly three-year slump that left the market for the soft metal glutted and prices weak. "We are now entering a rising lithium price environment, which is set to transform the scale of investment, expansion, and activity in the lithium market," says Benchmark analyst George Miller . As if on cue, producer Albemarle said earlier Thursday that planned fresh investment at a lithium site in Nevada to double production. China's moves in the lithium market are important, as the country is the "bellwether of lithium sentiment," Miller says. ([e-mail]; @MicahMaidenberg)