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.
Mining Weekly reported that Iggy Tan, Managing Director of Galaxy Resources Ltd. (ASX:GXY), sees Rockwood Holdings Inc.’s announcement that it will raise lithium salt prices by $1,000/t as positive.
Rodinia Lithium Inc.(TSXV:RM) announced that it has successfully harvested sylvinite at its Diablillos project. The harvesting took place during a pilot engineering program at the property.
Li3 Energy, Inc., (OTCBB:LIEG) released their letter to shareholders from its Chief Executive Officer, Luis Saenz, including updates on the Maricunga project and next steps.
Talison Lithium (TSX:TLH) reported its results for the third quarter of 2012 fiscal year.
Aggressive targets for electric vehicle deployment must be balanced with real cost reductions, infrastructure developments, and consumer choices and confidence.
Lithium One Inc.(TSXV:LI) announced that it has received an interim court order for merger from the Ontario Superior Court of Justice authorizing a shareholder’s meeting. The Company will put forward a proposed plan of arrangement with Galaxy Resources Limited at the meeting.
International Lithium Corp. (TSXV:ILC) is a lithium resource developer with a strong global portfolio of lithium assets. Based in Vancouver, British Columbia, International Lithium Corp. is 29 percent owned by TNR Gold Corp. International Lithium Corporation, labeled a “Clean Tech” currently holds highly prospective projects in the most prolific areas of the world for lithium and rare metals.
Outotec has come to an agreement with the authorities managing Bolivia’s evaporite resources and Corporación Minera de Bolivia (COMIBOL) on the delivery of the technology for a pilot lithium processing plant.
International Lithium Corp. (TSXV:ILC) clarified that it has retained Venture Liquidity Providers Inc. to initiate its Market Making Service, to provide assistance in maintaining an orderly trading market for the Company’s common shares.
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