XOM - Why Livent Albemarle Shares Are Sliding Monday | Benzinga
Shares of lithium producers including Livent Corp (NYSE: LTHM) and Albemarle Corp (NYSE: ALB) are trading lower Monday. The selling pressure appears to be due to Exxon Mobil Corp's (NYSE: XOM) foray into lithium production.
What Happened: Exxon Mobil announced plans to be a leading lithium supplier by 2030. The company said work has begun on its first phase of North America lithium ...