Lithium market small but complex

By Business News Network / August 12, 2016 / www.mining.com / Article Link

Every junior commodity market has its share of pretenders to go along with the contenders as prices and demand move up.

In striking contrast to internationally traded bellwether metals such as copper and gold, the market for lithium is murky. Analysts have noted recent variances in spot prices in China ranging to $20,000 a tonne. There's barely a handful of producers and buyers and a popular production method - extracting lithium from underground saline water deposits - is not scalable in the tradition of a conventional hard rock mining operation.

Lithium is the consensus metal of the future.' It is the core component in the rechargeable lithium-ion batteries that power electric cars and the key to a global transition away from fossil fuels for transportation.

Read more at BNN

Recent News

Strong revenue growth continues while costs ease

March 10, 2025 / www.canadianminingreport.com

Gold stocks back near highs

March 10, 2025 / www.canadianminingreport.com

Budgets shift to later phases and larger companies

March 03, 2025 / www.canadianminingreport.com

Gold stocks decline on metal and equities drop

March 03, 2025 / www.canadianminingreport.com

TSXV Mining's gold-driven outperformance

February 24, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok