LITHIUM – PRICES

Lithium past its peak as price slides

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Original article by Peter Ker
The Australian Financial Review – Page: 16 : 18-Jul-18

Galaxy Resources has advised that the price of lithium carbonate exported to China fell by 18 per cent in the June quarter, while the price of lithium hydroxide was down four per cent. The price of lithium carbonate sold into China had fallen by 10 per cent in the March quarter, and lithium hydroxide fell by three per cent. Galaxy Resources had attributed that decline to seasonal factors. Galaxy has now suggested that the Chinese price for lithium is converging with global prices.

CORPORATES
GALAXY RESOURCES LIMITED – ASX GXY, OROCOBRE LIMITED – ASX ORE, CANACCORD GENUITY (AUSTRALIA) LIMITED, TIANQI LITHIUM CORPORATION, PILBARA MINERALS LIMITED – ASX PLS

The lithium boom will end, like all the others

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Original article by Paul Garvey
The Australian – Page: 28 : 1-Jun-16

Expectations of strong growth in demand for lithium-ion batteries has prompted a rally in the price of lithium, and in turn bolstered the share prices of lithium producers. However, there are some similarities between the lithium boom and the iron ore boom. Macquarie Group believes that the lithium boom will have run its course within about 18 months. It has "buy" recommendations on just two lithium producers, Orocobre and Neometals.

CORPORATES
OROCOBRE LIMITED – ASX ORE, NEOMETALS LIMITED – ASX NMT, MACQUARIE GROUP LIMITED – ASX MQG, GALAXY RESOURCES LIMITED – ASX GXY, GENERAL MINING CORPORATION LIMITED – ASX GMM, PILBARA MINERALS LIMITED – ASX PLS, ALTURA MINING LIMITED – ASX AJM, LATIN RESOURCES LIMITED – ASX LRS, TALISON LITHIUM LIMITED, SQM, ALBERMARLE CORPORATION, FMC LITHIUM, CITIGROUP PTY LTD, ATLAS IRON LIMITED – ASX AGO, RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP, VALE SA, FORTESCUE METALS GROUP LIMITED – ASX FMG

Battery boom heats lithium gains for Australian miners

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Original article by David Stringer, Martin Ritchie
The Australian Financial Review – Page: 28 : 19-Feb-16

Shares in Australian-listed lithium miners have rallied on the strength of the rising price of lithium carbonate and growing demand for lithium ion batteries. General Mining Corporation’s share price has risen by 1,000 per cent over the last 12 months, while Pilbara Minerals has gained about 1,200 per cent since mid-2014. Citigroup expects both demand for lithium carbonate and the price of the commodity to keep rising beyond 2016.

CORPORATES
GENERAL MINING CORPORATION LIMITED – ASX GMM, PILBARA MINERALS LIMITED – ASX FTN, CITIGROUP INCORPORATED, CHENGDU TIANQI INDUSTRY (GROUP) COMPANY LIMITED, ALBERMARLE CORPORATION, TESLA MOTORS INCORPORATED, NISSAN MOTOR COMPANY LIMITED, RENAULT AUTOMATION SA, VOLKSWAGEN AG, AUDI AG, BENCHMARK MINERAL INTELLIGENCE, NAVIGANT CONSULTING PTY LTD