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.
Reuters reports that Lithium Americas Corp (TSE:LAC) announced environmental permits review by a provincial government in Argentina can problem for the final mining permit for its Cauchari-Olaroz Lithium.
The limited number of publicly traded companies engaged in lithium exploration and production is even more concentrated than the geographical extent of operations; however, the dynamic industry experienced some important developments which grabbed investors attention this year.
The Russian government is currently spending billions of dollars to upgrade its electrical infrastructure ahead of the Olympic Winter Games in 2014, so this may be the first of several contracts for Ener1.
Last Thursday, a binding letter agreement was executed to combine Salares Lithium Inc and Talison Minerals to strategically merge their respective lithium assets and create the world's largest, publicly traded lithium production and exploration company.
Get our independent commentary on lithium trends and companies delivered to your inbox.
