Lithium Producers on the Horizon, Part 2
To cap off the series, Lithium Investing News has a look at two more companies with lithium projects on the horizon.
To cap off the series, Lithium Investing News has a look at two more companies with lithium projects on the horizon.
In this series, Lithium Investing News has a quick look at several lithium projects. In this instalment: Canada Lithium, Western Lithium, Lithium Americas and Orocobre.
Researchers from the University of Wyoming Carbon Management Institute have stumbled upon what they believe is a “vast, new lithium resource.” Preliminary reports show that the deposit hosts 228,000 tons of lithium, enough to meet all US demand.
Mining Weekly reported that Galaxy Resources has delivered a JORC-compliant 1.1 million tons of lithium carbonate at its Argentina project.
Bloomberg reported that Orocobre Ltd’s Chairman, James D. Calaway said that electric vehicles no longer dictate lithium production as demand for lithium ion batteries used for electronic products have increased considerably.
Beginning in 2013, the lithium market will welcome a handful of emerging companies with newly producing projects in Quebec and Argentina.
Orocobre Limited (TSX:ORL,ASX:ORE) announced it completed its first resource estimate at its 85% owned Cauchari Lithium-Potash properties in Argentina.
Mining Weekly reported Galaxy Resources (ASX:GXY) on Tuesday reported that it would fast-track the development of its Sal de Vida lithium project in Argentina.
Lithium Americas Corp. (TSX:LAC,OTCQX:LHMAF) announced Argentina's environmental department has recommended approval of the Cauchari-Olaroz lithium and potash project.
Lithium Americas released a definitive feasibility study for its main brine lithium project in Argentina, which is expected to begin lithium carbonate production by 2015.
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