Why Sigma Lithium Stock Ran Higher Today

Key Points China is canceling old lithium mining licenses, mostly for non-operational mines. Chinese lithium prices spiked on the news, pushing lithium stocks higher today. 10 stocks we like better than Sigma Lithium › Shares of Sigma Lithium (NASDAQ: SGML), the Brazilian hard-rock lithium miner, jumped 10.6% through 10:25 a.m. ET this morning -- and China is the reason. The Bureau of Natural Resources in Yichun, Jiangxi Province, plans to cancel 27 mining permits in January. Lithium prices in Chi ...