$QuantumScape(QS.US) dropped by more than eight points, $Albemarle(ALB.US), and $TIANQI LITHIUM(09696.HK) both fell by three or four points 😪
Story stocks related to solid-state batteries fell harder than lithium miners; the technology premium without a mass production timeline was the first to be squeezed out in a risk-off environment.
Lithium prices, however, are stagnating at the bottom with limited downside space from the mining side. The market has voted with its feet on stories versus resources.
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