Lithium stock price slipped to $17.50 in early trading as the US dollar strengthened. However, analysts expect renewed buying interest ahead of next week’s global battery conference announcements. The Trump administration sees this as a "massive opportunity" for the U.S. to "reduce reliance on China and other foreign adversaries for lithium, which remains a critical element in the U.S. supply chain across various key verticals including defense, autos, energy, and electronics," the analyst wrote. This is a "game changer deal" for Lithium Americas and represents "an incremental positive" for the company, he further stated. The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) fell 2.12 percent to end Friday at 546.27. Lithium stock price rallied late session to $18.35, driven by speculative trading on potential export policy changes in South America. Volume spikes indicate heightened momentum in short-term positions.
