Mineral Resources and Pilbara Minerals are rising rapidly among lithium stocks after China closes a huge mine

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After months of misery, shareholders of publicly traded lithium mining companies reported billions of dollars in profits on Wednesday.

In morning trade, share prices of WA spodumene concentrate producers rose sharply – Mineral Resources up 17.2 percent, Pilbara Minerals up 12.7 percent, IGO up 12.3 percent and Liontown Resources up 11.5 percent – after suffering long periods of sharp declines this year.

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