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Orocobre and Galaxy to merge, creating 5th largest global lithium chemicals company

Green Car Congress

A new name for the merged entity will be selected in due course representing the global reach of the new entity, which will have its head office in Buenos Aires, Argentina, a corporate headquarters on the Australian East Coast and an office in Perth. Upon implementation, Orocobre shareholders will own 54.2%

Companies 243
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Galaxy notes lithium carbonate prices in China rose 17% over last 12 months

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Lithium producer Galaxy Resources Ltd says prices for both technical and battery grade lithium carbonate in its key market, China, have risen significantly on the back of tight demand and supply fundamentals, with current prices up almost 17% on the same time last year. —Galaxy Managing Director Iggy Tan.

Carbon 225
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Eramine Sudamerica joins Argentine lithium race with Salta plant – ET Auto

Baua Electric

Argentina, located on the so-called “lithium triangle” spanning Bolivia and Chile, is the world’s fourth-largest producer and has been drawing investment from foreign firms as far as Canada and China. Over half the world’s known lithium resources are in South America.

Bolivia 52
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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

Green Car Congress

In a forecast of the Lithium market through 2017, Roskill Information Services estimates that rechargeable batteries will, in the base-case growth scenario, contribute 75% of the growth in forecast lithium demand to 2017, when total demand for lithium is expected to reach slightly more than 238,000t lithium carbonate equivalent (LCE).

Market 296
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Opinion: Why Lithium Will See Another Price Spike This Fall

Green Car Congress

Although the price trajectory of the metal has been subdued in recent months, the fundamentals behind the long-term trajectory suggest strong potential for long-term growth. Grid storage is designed on a variety of scales, each with a different price point. Demand Response: A Wild Ride. It aims to be at capacity in September.

Price 150
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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.

2018 278
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Tesla And Other Tech Giants Scramble For Lithium As Prices Double

Green Car Congress

Demand for lithium—the hottest commodity on the planet and the only commodity to show positive price movement in 2015—is poised to continue on its upward trajectory, becoming the world’s new gasoline and earning the moniker of “White Petroleum”. by James Stafford of Oilprice.com. Lithium is certainly showing all the right signs!”.

Argentina 150