Well its official ladies and gents....AGY in the eye of a...

Well its official ladies and gents....AGY in the eye of a perfect storm for growth.


As Bloomberg reported, world lithium suppliers were caught off guard by the marked increase in lithium demand that accompanied the boom in electric car manufacturing. Projects such as Tesla’s Gigafactory in Nevada, which hopes to produce 500,000 car batteries per year, indicate that the demand on lithium mines will only increase, encouraging mining companies to expand operations. Yet much of the demand will likely come from China[this is AGY], where fifty-five percent of global lithium-battery production is based, compared to ten percent in the United States.

Companies based in Australia, one of the world’s major sources of the mineral, are pushing for more production and greater upstream-downstream cooperation[Thanks AGY!], to ensure the finished product meets industry needs. As investment in downstream lithium-based manufacturing grows, investors in Australia are rushing to secure more supply[This is me].
Most Australian output is shipped to China, where much of the world’s battery production is based. Chinese companies are currently planning factories with the capacity to generate 120 GW-hours a year by 2021[in 4 years AGY to be producing north of 20,000 TPA but if we pull off the "china talks" let guess 50,000 Tonnes per annum by $15,000 per tonne...less expenses thats 0.5B per year profit ...1 B shares on issue you work out the value of potential AGY...not in 10 years in 3 YEARS] , three times the output of Tesla’s factory in Nevada, according to Bloomberg. China is itself a major lithium producer, fourth behind Argentina, with an output of 2 thousand metric tons.

http://oilprice.com/Energy/Energy-General/Could-The-Battery-Boom-Lead-To-A-Lithium-Shortage.html