Lithium is running into a severe supply-demand situation. The last time this happened, some of the world’s top lithium companies exploded. Albemarle ran from approximately $45.60 to approximately $137. Lithium Americas Corp. ran from approximately 93 cents to approximately $10.38. Galaxy Resources Ltd. ran from approximately 15 cents to approximately $2.75. Now, it’s happening all … Continue reading “The World is in Desperate Need of Lithium”
Tag: IEA
Major Automaker Moves to Secure Lithium Supply
With automakers scrambling for lithium supply, General Motors just announced it will be investing in a U.S. lithium project, according to Reuters. In fact, GM notes it “will make a multimillion-dollar investment in and help develop Controlled Thermal Resources (CTR) Hell’s Kitchen geothermal brine project near California’s Salton Sea, roughly 160 miles (258 km) southeast … Continue reading “Major Automaker Moves to Secure Lithium Supply”