Articles Tagged "Australia"

Australian Lithium Producer Reporting Strong Sales

Talison Lithium Ltd. reported a quarterly sales increase of 74 percent, resulting from strong demand from customers for lithium concentrate and the increased production capacity at the Greenbushes Lithium Operations following completion of the Stage 1 expansion in December 2010.

Australian Lithium Producer Exporting to China

Galaxy Resources (ASX:GXY), the Australian-based, advanced-level, developmental mining and chemical company focused on lithium and tantalum production, has just announced that its initial shipment of 6500 tonnes of spodumene has been dispatched through the Bunbury Port, rather than through Esperance Port as originally planned.

Lithium Ion Battery Production: International Strategic Alliances Forming

From Australia to Japan to the US, major partnerships and strategic collaborations appear to be catalyzing strong marketing and technological bench strength to drive activity within the lithium field.

China Revises Overly Ambitious Lithium Production Forecasts

China's principal lithium-producing province plans to boost output of the metal by a factor of five over the next five years, which is half the level of its previous target. This revised guidance for lithium production was followed by a subsequent announcement that China may invest more than $15 billion in electric vehicles during the next 10 years. Investors will be interested to observe how this development might impact the global supply and demand, or if this could potentially change the adoption rate of electric vehicles in specific markets.