Why Lithium Stocks SQM and Albemarle Soared 7% and Nearly 5% Today

Shares of the world's biggest lithium players -- Sociedad Quimica y Minera de Chile (NYSE: SQM), or SQM, and Albemarle (NYSE: ALB) -- jumped 7% and 4.7%, respectively, on Monday.

This brings their year-to-date 2017 returns to a torrid nearly 86% and 45%, respectively. For context, the S&P 500 has returned 12.7% so far this year.

Image source: Getty Images.

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Source: Fool.com