Aussie lithium stocks soar as EV stocks rally on Tesla's key China win

Piedmont Lithium

30/04/2024 02:21

** Australian lithium stocks soar after Tesla  TSLA.O 
scores key wins for self-driving cars in China
    ** Local lithium stocks track rally in the shares of their
U.S.-listed peers
    ** ASX-listed shares of Arcadium Lithium  LTM.AX  rise as
much as 11.6% to A$6.920, marking their biggest intraday pct
gain ever
    ** LTM, made from the combination of Allkem and Livent Corp,
trading at its highest level since March 22; top gainer in the
ASX 200 benchmark  .AXJO 
    ** Pilbara Minerals  PLS.AX  up as much as 6.1% to mark its
best day in two months
    ** ASX-listed shares of Piedmont Lithium  PLL.AX  soar up to
10.8% to A$0.205     
    ** Four out of top 10 movers in the ASX 200 benchmark are
lithium miners

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))