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Old 05-11-2015, 01:30 PM
Sparty Sparty is offline
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Default El Nino and the lithium triangle

According to an article published by Australia's CSIRO we are more likely than not to have an El Nino event either this year or next based on sea temperature measurements.

Past El Nino events have shown that even the Andes can be heavily affected to the extent that lithium brine lakes evaporation could be impeded by heavy cloud cover and greatly increased rainfall along with transport and infrastructure problems ......



Consequently Lithium production from the "lithium triangle" could be markedly affected. This would then bring into play the hard rock/spodumene lithium producers and this is why a visit to www.australian-lithium.com could be useful for those wanting to explore this.

The post immediately below this shows why Lithium has become an increasingly important substrate for what I term the "electron economy".
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Old 05-12-2015, 10:57 PM
Sparty Sparty is offline
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Default El NINO is here 13/05/2015

The Bureau of Meteorology has officially declared that we are in an El Nino, shifting its tracker from ALERT (a greater than 70% chance of El Nino forming) to an actual event.

Speculation began in early 2014 that the world would see an El Nino, possibly a significant "super"event, by the end of that year.
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Old 05-14-2015, 01:13 PM
Sparty Sparty is offline
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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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