It is sometimes hard to discern between the many investment blogs, sites and companies who portend to be knowledgeable about this market, and its importance over the next decade. Lithium-ion batteries have been both praised and dissed by competing factions, for use in the electric vehicle (EV) market, even though they have virtually consumed the market for wireless phones, ipods, ipads laptops and power tools, over the past few years.
Lithium carbonate is also an important industrial chemical:
- It forms low-melting fluxes with silica and other materials
- Glasses derived from lithium carbonate are useful in ovenware
- Cement sets more rapidly when prepared with lithium carbonate, and is useful for tile adhesives
- When added to aluminum trifluoride, it forms LiF which gives a superior electrolyte for the processing of aluminum
- Lithium carbonate can be used in a type of carbon dioxide sensor.
Instead, I would like to re-direct you to a truly in depth industry assessment of the lithium market and its coming impact, from a real expert on the mattter, Dr. Jon Hykawy of Byron Capital Markets.
I have been reading Dr. Hykawy for approx a year now (as well as many other good minds on the subject) and I have found his research to be in depth, functional, independant, clear and concise and I highly recommend that, if you are invested in this market, or considering it, you should read his reports.
Here is one report....Hykawy on Lithium
Worlds largest pure lithium producer going public Sept 23rd
Electric Metals market heating up this year!
Toyota Prius switching to Lithium-Ion Batteries!