Lithium Americas Corp.
A small handful of companies in the clean/efficient energy sector bucked Monday’s stock market downer by making strong gains. Two of these companies, lithium-ion battery maker A123 Systems Inc. (Nasdaq: AONE)) and wind turbine tower manufacturer Broadwind Energy Inc. (Nasdaq: BWEN), also halted months of sinking share prices.
Leading the E•B Solar were:
- JinkoSolar Holding Co., Ltd. (NYSE: JKS) 16.9 percent
- GT Solar International, Inc. (NASDAQ: SOLR) 15.13 percent
- ReneSola Ltd. (NYSE: SOL) 11.1 percent
The “Lithium Rush” is in full swing. Existing producers are expanding properties and junior mining companies are looking for news ones to meet the demand from the dozen automakers who are introducing new electric vehicles over the next two years. Some automakers are investing in mining projects to ensure their future lithium supplies.