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With slowing demand due to elevated interest rates, the mining sectors have been hit hard since 2022. Moreover, lithium carbonate, the rare earth mineral for making electric vehicles and smartphone batteries, also experienced price pressure. Though the mineralâs price fell more than 48% in a year, a recent uptick in demand raised prices by more than 16% from year-to-date. This increase could likely be due to a strengthening market in China.
Gold prices have surged as well, rising around...
>>> Read more: Digging for Dollars: 3 Mining Stocks with Untapped Potential
Gold prices have surged as well, rising around...
>>> Read more: Digging for Dollars: 3 Mining Stocks with Untapped Potential
