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Old 05-14-2015, 01:13 PM
Sparty Sparty is offline
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Join Date: Mar 2009
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Default The Salars are NOT as dry as some experts think.

Curently:
SQM reported last week that it had halted some of its operations in Chile's north as a preventative measure due to heavy rains and flooding. No damages or injuries were reported, but the company said in its release that road conditions were making it difficult to transport workers to and from mine sites.

Ashley Mendoza, communications director for Albemarle, told Resource Investing News that there was no significant damage at Rockwood's South American operations, although there were some minor operational outages. The company is now in the process of restarting operations.

Moving over to Argentina, FMC said via email that while the Salar del Hombre Muerto has been hit with rainfall that is nearly 15 times the monthly average for March," the rain hasn't significantly impacted the company's operations". However, FMC added that it has been affected by transportation issues with raw materials going to the salar and causing some delays of finished products crossing the mountain passes to the port.The company continues to monitor the situation.

Orocobre chairman James Calaway said that the heavy rains experienced in the north of Chile haven't reached Olaroz or Orocobre's operations. As with FMC, he stated that the company's borate operations further south have seen greater-than-expected rainfall, but that it hasn't had a significant impact on those operations.
http://lithiuminvestingnews.com/1045...arle-orocobre/

"In 2013, At the Salar del Hombre Muerto in Argentina, 110 mm of rain fell in the first 45 days of the year. Another producer has experienced supply disruptions due to abnormally heavy snowfall." http://www.galaxyresources.com.au/Investor/gxy_ar_dec2012.pdf
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