Reuters
18 May 2026, 10:47 UTC · 3d ago
Source · https://www.reuters.com/business/autos-transportation/compass-minerals-eyes-return-lithium-market-with-energyx-partnership-2026-05-18/
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Compass Minerals is partnering with EnergyX to extract lithium from Utah's Great Salt Lake. — Diversifies Compass Minerals' revenue stream into a high-growth sector and increases potential domestic lithium supply.
+0.40Lithium prices are currently rising. — Higher commodity prices generally benefit producers and signal strong demand for battery metals.
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The company is expanding its revenue streams by re-entering the lithium market amid rising mineral prices.
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