After recent Lithium products price increase by industry majors we are not surprised to find this bullish report on our Mega Trend sector. We will address the news about Rare Earths new found bounty on the Pacific ocean floor in another post, but will mention now that by this time our loyal readers should already be able to distinguish between Lithium, Rare Metals and Rare Earths. Economic deposits and dirt containing anomalous elements will the story for another entry.
"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.
Release was not very dramatic: 60 mln barrels - it is below one day world's oil consumption - but is very symbolic. All the talk about increasing Oil output can not bring the Oil prices down. We will take as a sign of the high Oil prices to stay. Before QE 3.0 will be unleashed to support the diving economy, Inflation fears must be knocked down and we had PPT operation in the Gold and Silver markets again yesterday. General markets were pumped up into the close from the dangerous waterfall zone on the technical side."
PRESS RELEASES 7/4/2011 9:06:00 AM | Business Wire News
According to the long-term forecasts the oil market will subside significantly giving way and vast space for development for lithium as a key ingredient in batteries. The batteries are used bearishly in a vast number of appliances – laptops, cell phones, medical equipment, military facilities that are key drivers for the market nowadays.
The current lithium market is booming and blooming. The demand is on rise and the stocks are expanding. The market is forecast to grow by millions units in the coming ten-year period making the lithium industry one of the most investment worthy today.
Detailed review and forecast on global, regional and country markets of lithium can be found in the new market research report “Lithium Market Review” that covers present situation, historical background and future forecast and addresses comprehensive data showing lithium capacities, production, consumption, trade statistics, and prices in the recent years are provided (globally, regionally and by country).
Lithium Market Review
Published: January, 2011
The report also indicates a wealth of information on lithium producers and suppliers, covers lithium production in the respective country, major lithium producers, lithium consumption in the country market, lithium trade in the country, lithium prices. Lithium market forecast for next five years, including market volumes and prices is also provided.
The study on lithium has been completed by Merchant Research & Consulting Ltd, an internationally recognized market research agency, specializing in chemical industry. “Lithium Market Review” is included into the catalogue “Metals”, which also highlights Aluminum, Antimony, Beryllium, Cobalt, Copper, Iron and Steel, Lead, Magnesium, Mercury, Silver, Titanium markets.
Monthly report updates for “Lithium Market Review” are available athttp://mcgroup.co.uk/periodicals/monthly
Merchant Research & Consulting Ltd.
Julia Hill, Sales Manager
Tel: +44 20 7558 8740
Fax: +44 (20) 7900-3970