Top Lithium Producers Report Mixed Earnings
Lithium – The optimistic outlook for growth in lithium demand presented by recent financial results from major lithium companies seems promising for the broader lithium industry.
Lithium – The optimistic outlook for growth in lithium demand presented by recent financial results from major lithium companies seems promising for the broader lithium industry.
Lithium – The most recent Resource Investing News 2011 Network Audience Survey revealed that the majority of respondents that focus on lithium consider energy to offer the greatest potential for investment in the future and a significant number of these respondents have been active in trading this year.
Lithium – Overall outlook for the lithium industry is dependent upon demand from a number of contributing areas including future adoption and accelerated market penetration within the electric vehicle industry as well as continued global demand for consumer electronics and mobile devices according to some analysts.
Lithium – At the beginning of next month or as contracts permit, a large lithium producer will be increasing global pricing for all of its lithium bromide products by 15 percent for all standard and non-standard pricing. The inflation is directly related to an "exponential spike" in the cost of key raw materials over the last few months.
Lithium – FMC recently announced that Umicore will be acquiring a series of product and process patents covering “high end active cathode materials." The market responded strongly to the news release sending FMC share prices climbing on relatively large trading volumes.
Lithium – The limited number of publicly traded companies engaged in lithium exploration and production is even more concentrated than the geographical extent of operations; however, the dynamic industry experienced some important developments which grabbed investors attention this year.
Lithium – Specialty Chemicals' performance was driven by broad-based volume growth in lithium and BioPolymer and continued productivity improvements.
Lithium – The potential for long term recovery in the price of soda ash may be a positive sign for lithium exploration companies. Recently, FMC Corporation (NYSE: FMC) indicating an increase for the price of soda ash.
Lithium – A recent report reveals lithium carbonate is currently trading in the range of $5,500 to $6,000 per tonne, which is an improvement from the US$5,300 per tonne average of 2009.
Lithium – It was a busy week for lithium investors as 2 of the largest lithium producers in the world reported strong first quarter earnings.
Get our independent commentary on resource trends and companies delivered to your inbox.