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.
The company disclosed that demand in the lithium market remained robust for the period as “improved economic conditions continue to provide a firm foundation for market growth. Important improvement in demand for batteries, the historical demand driver for the lithium market, continued to support demand growth for this market."
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.
In an exclusive with Lithium Investing News, Jonathan Lee, Battery Materials and Technologies Analyst believes that the risk of a prolonged impact of the Japan Crisis on the lithium industry is not likely.
The question is not one of absolute feasibility; the question is one of economics and performance in the sense that how much more might it cost you to avoid lithium and REEs, and how much poorer performance will the resulting vehicle have.
“What you're looking for is lithium development companies that can play that role producing inexpensive battery grade lithium . . . It's companies similar to the ones we have under coverage like Western Lithium Corp (TSX-V:WLC), Rodinia Minerals Inc (TSX-V:RM) and Salares Lithium Inc. (TSX-V:LIT).”
Byron Capital Markets, a division of Byron Securities Limited, today announced the addition of Salares Lithium Inc (TSX VENTURE:LIT) to the Byron Capital Markets Lithium Index.
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