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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

Green Car Congress

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. This means that as well as adhering to the 99.5%

Carbon 225
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Uruguay launches first BYD battery-electric buses; projecting 500 by 2015

Green Car Congress

in partnership with Chinese automaker BYD Ltd, introduced the first battery-electric 12-meter rapid transit bus in Uruguay and the region. The bus can be charged overnight, while the electricity pricing is lower. Buquebus and CTS Auto S.A.,

Uruguay 326
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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick. and two other Chinese chemicals companies guarantee they’ll be able to purchase almost every ton of material it produces for the next few years, dependent only on the pace of its expansion plans. Take Albemarle Corp.,

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

Green Car Congress

Roskill’s analysis suggests that the price of technical-grade lithium carbonate, the main product produced and consumed in the lithium market, recovered some of its global economic downturn losses as the market tightened in 2012, averaging US$5,300/t, up 15% from 2010. Batteries Forecasts Market Background Materials'

Market 296
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BYD to build new $1.2B battery factory in China

Teslarati

Now, as the company looks to expand outside of Asia, it is doubling down on its Chinese production capabilities. The environmental fillings found on a local Chinese government website state that the project will come at an expected cost of 8 billion yuan ($1.2

BYD 84
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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