Dundee Capital Market's coverage of Lithium America's suggests the potential for the company to be one of the lowest costs lithium carbonate producers in the world.
More than four decades following the conception of Earth Day, international interest in alternative energy sources has become a strong focus of social, political and commercial enterprise. It is not just a matter of coincidence that a significant number of electric vehicle and lithium battery technology conferences have been scheduled at this time of year.
South Korea’s top crude oil producer, SK Energy, has announced that it would cooperate with Taiwan's oil refiner Formosa Plastics Group to develop energy storage batteries.South Korea’s advanced lithium battery manufacturing represented 18 percent of global market share last year a solid increase from just 6 percent in 2002.
SQM saw its share price climb over 6 percent on Tuesday after Potash Corp, said its board rejected an unsolicited $39 billion offer from miner BHP Billiton. Lithium investors will remain very interested in this development as BHP said it continues to review its options and will make a further announcement in due course.
Wednesday, June 15, 2011