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LITHIUM * WORLDWIDE - Finding Good Lithium Battery Sources a Challenge
Hopes of electric car boom spurring companies to seek new lithium source
Mexico,DF,MEX/LA Paz,Bolivia -Reuters, Mica Rosenberg & Eduardo Garcia - February 11, 2010: ... Lithium key component in rechargeable batteries that power laptop computers, digital cameras, cell phones... Demand expected to surge if carmakers start producing electric or hybrid vehicles on a large scale... Excitement brewing about new projects in Bolivia which could hold world's largest lithium bounty. Small company in Mexico says it has site wtih up to 800K tonnes of highly reactive and versatile metal... Some companies choosing to play it safe with leading lithium suppliers and start-ups in Argentina and Chile. These countries have source of more than half of world's lithium output... Toyota sister company agreed with Australia's Orocobre Ltd to jointly develop $80M-$100M lithium project... 9 pipeline projects in places like Australia, Finland, Canada, Serbia, and US... 60 early-stage exploration project... Not all lithium deposits created equal; experts say new finds may be poor quality or expensive to extract. New finds may be lower quality, costlier to develop than established deposits able to meet future demand... Labels: battery
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