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XMFSinchiruna (26.55)

Harness the Power to Store Power



March 20, 2012 – Comments (8) | RELATED TICKERS: SQM , FMC , AES

In addition to conducting a lengthy phone interview with Canada Lithium CEO Peter Secker just before the PDAC conference, I spent considerable time over the ensuing period getting acquainted with the global lithium market, the technological aspects of emerging lithium applications, and the leading companies involved throughout the supply/demand chain.

The initial result of this research is offered here as something of an introductory piece for anyone who may be examining the lithium market for the first time as I essentially was.

What I haven't had an opportunity to do yet is a extensive survey of the myriad lithium exploration and early-stage development companies out there, so please don't pepper me with question like "What do you think of Timbuktu Lithioum?". :)  But if you're curious about a specific aspect of this market, please feel free to hit me up. If I don't know the answer, I will enjoy learning it alongside you.

It's an interesting space. Are any of you fairly active investing in lithium or a related component of the demand environment?

8 Comments – Post Your Own

#1) On March 20, 2012 at 8:30 PM, XMFSinchiruna (26.55) wrote:

Here's a solid development for resource companies operating in Quebec:

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#2) On March 20, 2012 at 10:29 PM, SN3165 (< 20) wrote:

 Hey Sinch, take another look at Northern Tiger when you get the chance. The CEO has been buying lately. Could be some nice drill results upcoming. I'm buying Kimber here as well under $1.

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#3) On March 20, 2012 at 11:57 PM, XMFSinchiruna (26.55) wrote:

Me too. :)

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#4) On March 20, 2012 at 11:57 PM, XMFSinchiruna (26.55) wrote:

Me too. :)

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#5) On March 21, 2012 at 11:34 AM, tdonb (43.24) wrote:

You might want to look at Glen Eagle Resources also. GERFF. They own a huge lithium project.

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#6) On March 21, 2012 at 5:07 PM, BillyTG (29.50) wrote:

Was researching Bolivia the other day, and read how they are the "Saudi Arabia of Green Energy," holding something like 60% of the  world's lithium. Bolivia, however, is protective of its environment, and does not want to rip up the planet to get lithium to power the "green" movement. Growing lithium demand combined with a country not wanting to sell its vast resources of lithium, sounds like a mixture for drastically rising Li prices. Almost sounds like China's rare earth minerals story...

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#7) On March 21, 2012 at 5:42 PM, XMFSinchiruna (26.55) wrote:

BillyTG, I wouldn't go that far. Lithium is fairly plentiful.

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#8) On March 23, 2012 at 9:10 AM, EGTalbot (< 20) wrote:

It's an interesting sector. The one thing that gives me pause was mentioned by someone else on the other thread you linked to - battery life. My understanding is that lithium has a number of advantages over most other technologies:  it's relatively plentiful, the batteries run cooler, the batteries can be smaller.

But current batteries in general have a very finite lifespans. I have trouble believing that lithium batteries will serve as any sort of long term option for storage of large-scale amounts of power. Now, as you pointed out also in the previous comments, the number of recent orders suggests that this concern is not one that will have an immediate impact.  It may very well be the best current option. But unlike some other metals, it does strike me as a sector more vulnerable than many to challenge from a new technology.

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