heres a small piece from the investing news web site.
Why Lithium, Why Now?
More and more junior mining companies are jumping into the lithium space. Here's what all of the excitement is about, and what investors need to know.
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Teresa Matich • April 26, 2016
There’s no doubt about it: lithium is booming. Lithium carbonate prices and lithium hydroxide prices are on the rise, and growing demand for lithium-ion batteries is set to boost prices even higher.
In light of that, more and more junior mining companies are jumping into the lithium space, staking claims in Nevada, Quebec and Ontario in a move to get a piece of the action.
That can make things a bit confusing for investors. As Chris Berry of House Mountain Partners and the
Disruptive Discoveries Journal said in our
lithium outlook 2016, “Like moths to a flame, too many juniors in the space can cloud the true potential of the commodity and confuse investors.”
Moreover, higher lithium prices or not, companies who eventually succeed at developing their projects will need to have a low cost of production in order to be competitive with existing players. Most of the world’s
top lithium producerscurrently operate in Australia, South America and China.
Here’s a look at what’s driving the rush of junior mining companies to the lithium space, and at what investors should keep in mind before entering the space.....
http://investingnews.com/daily/reso...ka-lithium-pilbara-minerals-galaxy-resources/
