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Low Cost Rules as Lithium Suppliers Gird for Battle
Aug. 01, 2011 11:50AM PST
Battery Metals InvestingReuters reports that new lithium producers likely to grow or fall according to their ability to hold down costs as they compete to supply an essential ingredient for electric car batteries.
Reuters reports that new lithium producers likely to grow or fall according to their ability to hold down costs as they compete to supply an essential ingredient for electric car batteries.
The market news is quoted as saying:
Demand for the material is expected to double, if not triple, by 2020, but analysts warn that lithium is abundant and top producers are already expanding output.
