U.S. energy secretary's comments on EV minerals boost miners

Ur-Energy

10/03/2021 15:42

** Shares of companies that mine metals for use in electric
vehicle (EV) gain on U.S. Secretary of Energy Jennifer
Granholm's comments
    ** Granholm said the United States needs to boost domestic
production of the minerals used to make electric vehicles, so
long as it is done sustainably  urn:newsml:reuters.com:*:nL1N2L72PX
    ** Both lithium and cobalt markets have jumped back to life
in 2021, with prices rallying hard in January and February,
helped by a resurgent EV sector, while Nickel, the third player
in this battery trio hit a seven-year high of $20,110 per tonne
last month  urn:newsml:reuters.com:*:nL1N2L71FS
    ** President Joe Biden signed an executive order last month
requiring greater coordination among federal agencies on supply
chain issues, but many environmentalists have vowed to oppose
new U.S. mines  urn:newsml:reuters.com:*:nL3N2KZ50D
    ** U.S lithium miners Albemarle  ALB.N  ,Lithium Americas
 LAC.TO   LAC.N , Livent LTHM.N>, climb between ~1% and 6.65%  
    ** Shares of uranium miners Ur-Energy Inc  URG.A , Uranium
Energy Corp  UEC.A  and Energy Fuels  UUUU.A  up between 2.35%
and 5.22%
    ** Nickel miners Talos Energy Inc  TALO.N  ,Lundin Mining
Corp  LUN.TO , Freeport-McMoRan  FCX.N  climb between 1% and
2.25% 

 (Reporting by Rithika Krishna in Bengaluru)
 ((Rithika.Krishna@thomsonreuters.com;))