Dave Brown has worked for over a decade in the capital markets and wealth management industries. Having spent over seven years working within the Portfolio Management division of the largest privately owned mutual fund company in Canada he was most recently occupied in a more intimate sized high net worth boutique located in Toronto. Dave’s open and closed ended trust fund mandates and structured product offerings have included both international and domestic equities and he has been writing on mining investment opportunities for Resource Investing News since 2008. He received his formal training in both geography and education from Brock University. As an active community member, Dave has volunteered and been active for 12 years in various committees serving a number of roles with Family and Children’s Society and also as treasurer and newsletter editor for a local chapter of UNICEF.
A recent study suggests that economies of scale, lower-priced components and technology improvements to improve capacity may cut the cost of lithium battery packs by over 50 percent in the next eight years.
Canada Lithium is achieving meaningful progress towards completing its Quebec open-pit lithium carbonate mine, which will have a spodumene processing plant on site and is expected to be productive for 15 years.
With as many as ninety different varieties of lithium and no international exchange, it is difficult to arrive at a standard lithium price; however, lithium industry insiders were able to provide Lithium Investing News with market context and current figures.
With global supply and demand dynamics tightening, lithium producers that are able to expand capacity should realize increased profits, which can be reinvested into additional value-added segments of their businesses.