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Old 08-07-2014, 12:45 PM
Sparty Sparty is offline
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Default Tesla's Gigafactory: Where will the Lithium come from?

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Old 08-07-2014, 12:59 PM
Sparty Sparty is offline
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Default Where will the Lithium come from?

Questions are now being asked about the Lithium supply side of the equation as the Tesla Gigafactory represents a very large increase in demand.

Personally I think that there will be plenty of lithium available going forwards once we get over the initial hump.

One factor that may play into an unexpected supply dip is the looming El Nino as by and large the extra supply is slated to come from the lithium brine lakes in South American. From my reading it seems somewhat likely that El Nino may interrupt the evaporation process which takes ~ 2 years as El Nino events seem to be associated with cloudy weather and increased rain sufficient to halt meaningful evaporation. However this not certain as getting the data sets has been proven difficult.... but there is enough written to give pause!

If it does turn out to be true and an El Nino event does come this year then Australian lithium producers will likely benefit quite markedly as the world's largest hard rock lithium resources are located in Western Australia. Two ASX listed companies would do very well in this situation.... Both Galaxy Resources (ASX:GXY) and Reed Resources (ASX: RDR) have massive hard rock Lithium resources that can come into production quite rapidly. For more information about Australian Lithium listed companies visit www.australian-lithium.com.
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Old 03-06-2015, 06:15 AM
Sparty Sparty is offline
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Default Weak El Nino is here

An El Nino event has been declared. But it is a relatively weak one. http://www.livescience.com/50049-after-much-ado-el-nino-officially-declared.html



Atmospheric consequences of El Nino
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