Now we can put all recently announced Lithium products price increases into the market perspective.
"Lithium polymer technology only accounts for 10 percent of battery production but Simplo Technology and Dynapack International Technology in Taiwan estimate it is 20-30 percent of their production already Intel estimates that by the end of next year this will swell to 40 percent"
This sector is growing very fast and it is even without Electric Cars being rolled out in any meaningful numbers now - which are projected to be the major driving factor for the lithium industry.
All world is going mobile and all those iPhones, iPads and Androids needs lithium batteries.
"Lithium Market: FMC Lithium Announces Global Price Increases. We have another one of Lithium Big Four announcing the global price increase for the lithium products. Now we can realize why all major industry insiders were searching and making deals in order to secure Lithium supply. Nobody would like be at the mercy of the Lithium OPEC when Electric Cars will go mainstream in the next five years time. Talking about OPEC - it took IEA to announce the release from Oil Strategic Reserves in order to bring Oil prices down. QE 3.0 has been started with this move - welcome into the Election Cycle.