Natural resources companies riding out EV volatility
Automakers clearly anticipate burgeoning demand for lithium and other minerals used in electric cars and trucks.
SAN FRANCISCO (Callaway Climate Insights) — While electric vehicle stocks have been on a rocky road in recent weeks, shares of companies that produce stuff to go into those vehicles have been holding up relatively well.
The Callaway Climate Insights Natural Resources Index fell 0.4 points, or 0.3% last week, to 125.79.
That compares with 5.4% declines in …