Compass Minerals (CMP) is considering a return to the lithium market and has signed an MOU with Energyx to extract lithium from Utah's Great Salt Lake, Reuters reports

Compass Minerals' move to potentially re-enter the lithium market, underscored by their MOU with Energyx, signals a strategic pivot towards the growing demand for lithium, crucial for electric vehicle batteries and renewable energy storage.

Newsquawk StaffPublished 18 May 2026, 11:10 UTCOn the live feed at 10:50 UTC — 9 more headlines followed before this page went public

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11:00

IMF upgrades the UK's 2026 GDP view to 1.0% (prev. 0.8%). Risks to growth are tilted to the downside.

10:52

Merck (MRK) says its TroFuse-005 trial evaluating sacituzumab tirumotecan met primary endpoints of overall survival and progression-free survival in certain patients with advanced or recurrent endometrial cancer

10:50

Compass Minerals (CMP) is considering a return to the lithium market and has signed an MOU with Energyx to extract lithium from Utah's Great Salt Lake, Reuters reports

10:48

EU reportedly plans tougher trade measures to rebuff China's export surge, Bloomberg reports

10:40

Commerzbank (CBK GY) Board and Supervisors have recommended holders not accept UniCredit (UCG IM) exchange offer

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Context

This partnership could enhance CMP's value proposition in the commodities sector, especially if the execution aligns with market trends and investor sentiment around green energy. Watch for reactions in the stock as this could reshape investor perceptions and interest in CMP as a play on the future of energy.

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