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

Gold stocks down as risk on move continues

May 05, 2025 / www.canadianminingreport.com

Mixed outlook for resources on new Canadian government

May 05, 2025 / www.canadianminingreport.com

Gold's Bull Market Pullbacks

April 28, 2025 / www.canadianminingreport.com

Gold stocks down on metal drop

April 28, 2025 / www.canadianminingreport.com

Investment banks ahead of the gold price, institutions still behind

April 21, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok