Articles Tagged "Lithium Company News"

Tesla Motors’ Battery Factory Could Reduce Lithium Oversupply

Lithium – Bloomberg reported that according to Goldman Sachs Group Inc. (NYSE:GS), the battery factory that Tesla Motors Inc. (NASDAQ:TSLA) is planning may require up to 17 percent of current lithium output. That's good news for the lithium market, which is currently facing oversupply.

Western Lithium Starts Planned Lithium Demonstration Plant to Validate Low Cost Lithium Extraction Nevada Deposit

Lithium – Western Lithium USA Corporation, (TSX:WLC, OTCQX:WLCDF) has received a milestone payment of US$1.5 million pursuant to the Royalty Purchase Agreement with Orion Mine Finance (Master) Fund I LP, the company's largest shareholder and a major New York investment fund, to be put towards building the planned Lithium Demonstration Plant expected to be operational in the fourth quarter of 2014