Lithium ETF Lights Up on Wesfarmers, Kidman Deal and Tesla’s Capital Raise
May 02, 2019 at 16:20 PM EDT
A lithium sector-related exchange traded fund lit up on Thursday after Australian retail conglomerate Wesfarmers Ltd offered a bid to acquire lithium miner Kidman Resources Ltd and Tesla (NasdaqGS: TSLA) climbed on plans to raise $2.3 billion in new capital. Among the better performing...