The oversupply of electric vehicles triggered a long-term downtrend in lithium prices. Albemarle (ALB), which lost 6.92% on Monday, faces serious selling pressure. On Aug. 5, 2024, CEO Kent Masters recognized the risk from China dictating the availability of minerals used to power electric cars.CEO Masters said that countries must act now if they want to build Western supply chains for EVs. Investors wary of the lithium mining sector should avoid ALB stock, along with Sociedad (SQM) and Lithium Americas (LAC). Bears hold a 12% short interest in ALB stock and 10% against LAC stock.In the iron…
Category: News
Will Wagner, son of All-Star closer, enjoys big MLB debut for Blue Jays
Once he finally secured tickets for his famous father, Will Wagner had a major league debut to remember. The son of former All-Star reliever Billy Wagner got hits in his first three at-bats to help the Toronto Blue Jays beat the Los Angeles Angels 4-2 on Monday night.
Saskatchewan man arrested after three people have finger chopped off
A Saskatchewan man has been arrested after police say three people were threatened at gunpoint and each had a finger chopped off.
Racialized workers in Canada less likely to be covered by union: report
The report by the Centre for Future Work found that a quarter of racialized workers are covered by a union contract, compared with one third of non-racialized workers.
Racialized workers less likely to be unionized: report
Black and racialized workers in Canada are less likely to be represented by a union, according to a new report.
Jasper residents allowed to return home on Friday
Jasper, Alberta, a popular tourist destination in the Canadian Rockies, is currently facing a wildfire that has forced the evacuation of nearby communities and threatened […]
Letters August 13, 2024: ‘For just $5 we could try to right the federal ship.’
$5 INVESTMENT If every Canadian sent Jagmeet Singh $5, the payout would be much more than that million-dollar pension he’s waiting for. Singh could stop supporting the Liberals, we could have an election and get this country back on track. Singh gets all the money-filled Gucci bags he can carry and we can restore Canada […]
OPP investigating after 1 shot at home in Caledon
Police are investigating after a person was shot at a residence in Caledon on Sunday night.
What vitamins should you take? Why experts say some answers to this are a ‘big red flag.’ – USA TODAY
What vitamins should you take? Why experts say some answers to this are a ‘big red flag.’ USA TODAY
Hamilton-Burlington SPCA just got a donation of $1.5 million in pet food. But has no place to keep it
Have you got a lead on 10,000 square feet of available warehousing space? If so, the Hamilton-Burlington SPCA wants to hear from you. The animal-welfare charity says it’s looking to store $1.5 million dollars worth of pet food it received as a donation from a group of its partners.