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Why Sigma Lithium Stock Exploded Higher Today


Brazil-based lithium producer Sigma Lithium (NASDAQ: SGML) stock soared 32.5% through 1 p.m. ET Monday on positive news from China.

And why? As Reuters reports, Ganfeng Lithium Group chairman Li Liangbin believes global Lithium demand will grow 30% to 40% in in 2026.

Image source: Getty Images.

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Source Fool.com

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