2011 Lithium Market Trends
Inflationary costs, unexpected weather issues and global economic malaise have created a challenging environment for many lithium producers and exploration and development companies.
Inflationary costs, unexpected weather issues and global economic malaise have created a challenging environment for many lithium producers and exploration and development companies.
Canada is demonstrating a commitment to the lithium industry by creating the framework for programs that support electric vehicle initiatives with further support for the potential of recycling of lithium ion batteries.
The President of Bolivia, Evo Morales has signed an agreement with a Chinese investment company (CITIC) to explore the potential for economic lithium reserves in the Salar de Coipasa.
The world's driest desert, including a northern part of Chile and Argentina is currently the host to some of the largest and most efficient lithium producers in the world. Both Salar del Hombre Muerto and Salar de Atacama have seen some of the wettest winter weather to affect the region in decades, where even just fractions of an inch of rain have done some reported damage in areas.
The inflationary pressure that has resulted in the increased cost to produce lithium may partially be attributed to restrictions on exports of raw materials from China. The World Trade Organization said on Tuesday that the Chinese government broke international law when it restrained exports of some raw materials.
In a recent webcast, Dr. Arun Majumdar discussed the United States Department of Energy's Clean Cities Program to support public and private partnerships that further lithium battery research, electric vehicle and alternative fuel transportation deployment and infrastructure development.
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.
Foxnews.com reports that Japan and Bolivia agreed to cooperate on the development of large-scale lithium reserves in the Andean nation.
Talison Lithium Limited (TSE:TLH) reports its expansion at the Greenbushes Lithium operations and an update on the Stage 2 expansion.
Rodinia Lithium Inc. (CVE:RM) reports the completion of a non-brokered private placement for gross proceeds of up to $1,400,000.
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