With international trade related indicators, such as export orders and container shipping rates, pointing towards weaker global trade growth, the lithium market outlook may face some challenges. However, a case can also be made that in the absence of last year's unpredictable natural events a more positive business and overall investment climate may return for lithium producers and juniors.
Salares Lithium Inc. (CVE:LIT) reports its approval of the plan of arrangement with Talison Lithium Limited. Under the terms of the Arrangement, Salares’ shareholders will receive 0.35587 of a Talison ordinary share (or the equivalent in Talison exchangeable shares if they elected to prior to September 14, 2010 4:30 PST) in exchange for each Salares common share [...]
A lithium-ion battery from A123 Systems (NAS:AAONE) will power the world's first premium plug-in hybrid electric vehicle (PHEV), the Fisker Karma. The Karma will begin a two-month program that will stop in three Canadian provinces and 26 US states targeting 42 cities.
Lithium investors and many automaker stakeholders welcome the uniformity of a national standards, although the application of these standards are expected to raise the cost of vehicle production an estimated $434 per vehicle in 2012, and escalating to $926 per vehicle in 2016.
“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).”
While analysts are still debating the net impact of health-care reform on a multitude of factors (including the fiscal deficit and health-care outcomes per dollar), Jared Bernstein, Chief Economist for the Vice President seems to be already diverting focus to other challenges including green technology.
On a date in the calendar that normally experiences an increase in green consumption, everyone from leprechauns to lithium investors appear to be eager to participate. Perhaps riding on the theme of “the luck ‘o the Irish,” the Federal Reserve made a further commitment to keep rates low for the foreseeable future.
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