2011 Lithium Market Trends
Source: Lithium Investing News, Dave Brown (8/31/11)
"This year has seen a rising number of direct partnerships between lithium producers and battery manufacturers, consumer electronics companies and industrial conglomerates."
A series of announcements from lithium exploration and development companies have highlighted an emergent theme from the last quarter with direct partnerships from battery manufacturers, consumer electronics companies and industrial conglomerates to develop and source critical reserves.
Last week, the terms of a previously announced agreement between Li3 Energy Inc. (OTC:LIEG), a U.S.-listed and Peruvian-based lithium exploration company along with POSCO, were finalized and disclosed. The strategic partnership is to include up to $18M in funding for the Maricunga exploration and development project.. . .View full article