Sunday, April 2, 2017

A Paragraph to Ponder

Image result for lithium element

From the current issue of Bloomberg Businessweek - Lithium Rush by Paul Tullis (the lightest metal on the periodic table and the stuff that powers all your electronics and maybe your car):

"Already, the four companies in 2015 provided 88 percent of the world's lithium can't keep up: Lithium contract prices have increased from $4,000 per metric ton in 2014 to as high as $20,000 today.  "From a lithium standpoint, we are pretty much sold out," Albemarle Chief Executive Officer Luke Kissam told investors on an earnings call last year."

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