Latest Lithium Related Articles, page-1489

http://www.marketwatch.com/story/in...as-industry-gains-momentum-2017-10-26-8203324

Investors Increasingly Confident in Lithium as Industry Gains Momentum

Published: Oct 26, 2017 8:32 a.m. ET

NetworkNewsWire Editorial Coverage​

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NEW YORK, Oct 26, 2017 (PR Newswire Europe via COMTEX) -- NEW YORK, October 26, 2017 /PRNewswire/ --
Sometimes revolutions take time to develop before arriving without almost no recognition. Over the course of the last dozen years, lithium-ion batteries (Li-ion) have quietly become ingrained in society and have transformed every aspect of life. Commonly recognized as power sources for portable electronics like laptops and cell phones, rechargeable lithium-ion batteries are lighter and smaller than lead acid batteries, have a high tolerance for movement and temperature changes, recharge much faster than other chemistries and, importantly, maintain their power delivery during use. Li-ion batteries have found their way into a myriad of other applications far beyond our indispensable electronic devices. Power tools, lawn mowers, implanted medical devices, wheelchairs, hearing aids, boat motors, solar power storage, military technology, emergency power backups and, increasingly, electric vehicles (EVs) are all powered by the now ubiquitous lithium-ion battery. With seemingly endless applications, it's apparent that the lithium revolution has arrived. The unabated demand for Li-ion batteries has engendered an insatiable appetite for lithium and sparked a global quest for new resources.
Australia-based Galaxy Resources Limited owns lithium production facilities, hard rock mines and brine assets in Australia, Canada and Argentina. It wholly owns and operates the James Bay lithium pegmatite project in Quebec, Canada, and the Mt. Cattlin mine in Ravensthorpe, Western Australia, which is currently producing spodumene and tantalum concentrate. Galaxy is also advancing plans to develop the Sal de Vida lithium and potash brine project in Argentina, situated in the lithium triangle, which is currently the source of 60% of global lithium production.​

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