Abnormal movement in US stocks | Lithium mining stocks collectively surge Citigroup: Strong demand drives recent rise in lithium prices.

According to the Zhitong Finance and Economics App, on Monday, the lithium mining stocks in the US collectively surged, with Sigma Lithium (SGML.US) rising by over 18%, Lithium Americas (LAC.US) and Sociedad Quimica y Minera de Chile (SQM.US) rising by over 11%, and Albemarle Corporation (ALB.US) rising by over 8%. In terms of news, Citigroup recently released a research report stating that the recent rise in lithium prices is mainly driven by strong demand rather than potential supply disruptions. As time goes on, Citigroup is becoming more confident in the strong demand for battery storage over the next few years.