Lithium – As South Korea imports 97 percent of its energy and mineral resources, a strong move to secure a reliable lithium supply adds to the existing wave of Asian companies developing projects in the lithium rich salt lakes in the north of Argentina.
Articles Tagged "investing in lithium"
Lithium – It was a busy week for lithium investors as 2 of the largest lithium producers in the world reported strong first quarter earnings.
A two-fold increase in the price of palladium since last April nearly represents a 25-month high and is partly being driven by demand in Exchange Traded Funds. Industrial demand for the metal is further underscored by the growing car market in China and worldwide.
Lithium – A lithium-ion battery from A123 Systems (NAS:AAONE) will power the world's first premium plug-in hybrid electric vehicle (PHEV), the Fisker Karma. The Karma will begin a two-month program that will stop in three Canadian provinces and 26 US states targeting 42 cities.
Following the upward trend of vanadium prices, the price for iron ore fines has also improved. Despite a depressed steel market, a notable recovery is evident in the vanadium market since the year end, with prices reacting to positive market demand.
Lithium – Lithium investors and many automaker stakeholders welcome the uniformity of a national standards, although the application of these standards are expected to raise the cost of vehicle production an estimated $434 per vehicle in 2012, and escalating to $926 per vehicle in 2016.
Lithium – “What you're looking for is lithium development companies that can play that role producing inexpensive battery grade lithium . . . It's companies similar to the ones we have under coverage like Western Lithium Corp (TSX-V:WLC), Rodinia Minerals Inc (TSX-V:RM) and Salares Lithium Inc. (TSX-V:LIT).”
Molybdenum producers have had a busy week, with multiple mergers and new mining operations announced as demand rises.
Lithium – While analysts are still debating the net impact of health-care reform on a multitude of factors (including the fiscal deficit and health-care outcomes per dollar), Jared Bernstein, Chief Economist for the Vice President seems to be already diverting focus to other challenges including green technology.
Lithium – On a date in the calendar which normally experiences an increase in green consumption, everyone from leprechauns to lithium investors appear to be eager to participate. Perhaps riding on the theme of “the luck ‘o the Irish”, the Federal Reserve made a further commitment to keep rates low for the foreseeable future