In an exclusive with Lithium Investing News, Jonathan Lee, Battery Materials and Technologies Analyst believes that the risk of a prolonged impact of the Japan Crisis on the lithium industry is not likely.
Articles Tagged "outlook"
The Russian Ministry of Justice has notified Khan that it refuses to effect service on ARMZ, citing Article 13 of the Hague Convention. Article 13 provides that "the State addressed may refuse to comply therewith only if it deems that compliance would infringe its sovereignty or security."
Newly listed on the TSE, Western Lithium USA has leased a portion of claims on the Kings Valley Project located in north-western Nevada with lithium rich hectorite clay deposits. The company has conducted a scoping study and has a resource estimate for the initial stage of development hosting a historically estimated 11 million tones of lithium carbonate equivalent (LCE).
In recent history, gas prices have generally followed a relatively seasonal pattern with prices rising during the summer driving season and falling after Labor Day. However, 2010 has seen a reversal in this pattern; the national average price has risen by 30 cents per gallon since Labor Day, the largest increase over that period since the 1990 inception of Energy Information Agency (EIA) weekly published retail gasoline price data. The current average price range in the US for the third week of December of approximately $2.98 per gallon is the second highest on record, eclipsed only by the 2007 average price reaching $3.00 per gallon.