ADY 0.00% 1.0¢ admiralty resources nl.

no alternative to lithuim for transport, page-3

  1. 69 Posts.
    Forgive me if someone else has posted this already:

    http://money.ninemsn.com.au/article.aspx?sectionid=2338&subsectionid=79751&id=617190

    Not for it's reference to GXY, but some general reading. It is good that lithium is in some commentators minds anyway. Not sure how accurate his numbers are, but:

    "An emerging Australian producer predicts lithium demand will more than treble between now and 2015, with prices up from $US2500/tonne in mid-2004 to peak near $US10,000/tonne last year and with current one to 3-year contract prices around $US6500/tonne. In recent years, demand has been increasingly exceeding supply. That means new production will inevitably come on to the market, but probably not at such a rate to exceed long-term growth forecasts."

    Now RLL, lets just get it to market ....
 
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