Melissa Pistilli has been reporting on market-shaking news in the resource and mining investment sector for over five years and has been with the Investing News Network since 2008. She has written on a wide variety of topics, from managing political risk in the mining industry to manipulation in the silver market. Formerly the managing editor of the Investing News Network, Melissa now serves as a senior reporter writing for Lithium Investing News and Uranium Investing News. She is most interested in the impact of global economics, politics and sociocultural influences on the commodities markets, and this shows in her reporting. Melissa holds a bachelor’s degree in English education as well as a master’s degree in teaching of writing, both from Humboldt State University, California. She currently resides at the heart of Canada’s mining industry — Vancouver, British Columbia.
Western Lithium’s long-term goal is to become a dominant player in the battery-grade lithium carbonate market; however, in the near-term it’s focused on generating cash flow from producing an essential specialty drilling additive for the oil and gas industry.
Boeing’s Dreamliner battery woes are casting a dark shadow on both lithium batteries and the electric car industry. However, most electric car makers use lithium-manganese batteries, which are considered much safer in terms of thermal stability.
Bolivia’s new lithium carbonate production plant will have little impact on the lithium market. Production from Galaxy Resources, Canada Lithium and Orocobre is expected to have more of a significant impact on supply and prices.