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Roskill: Chinese companies step up their pursuit of lithium resources

Green Car Congress

Jilin Jien, which bought the Québec Lithium mine and lithium carbonate conversion plant from its creditors in 2016, is understood to have entered bankruptcy in China and had struggled to raise the funds to complete the re-commissioning.

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Oversold Lithium could be about to rally

Green Car Congress

It’s important to remember that prior to the crash, lithium had enjoyed a meteoric rise with prices doubling since the beginning of 2016 and nearly quadrupling over the past decade. The company’s Salar de Olaroz project in Argentina took seven years to hit its stride but still came up short of production targets.

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Opinion: Why Lithium Will See Another Price Spike This Fall

Green Car Congress

So far, lithium has been the hottest metal of 2016, beating out gold, with exponential demand expected over the coming years. Price doubling from 2014/2015 was first seen in China and is now being felt worldwide, with lithium hydroxide prices from $16-20 and carbonate prices from $12-14 thousand USD per ton. Automotive Thrust.

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