Friday, November 27, 2015

Don’t Invest in Lithium Mining Companies - Nanalyze

Don’t Invest in Lithium Mining Companies - Nanalyze: "The three largest lithium producers are the Chile-based Sociedad Quimica y Minera (SQM), American FMC Lithium (FMC), which controls the ominously-named Hombre Muerte mine in Argentina, and Albermarle (ALB), which recently acquired competitor Rockwood. Albermarle is developing lithium brine holdings around Magnolia, Arkansas—the only American deposits that Anderson allows might make economic sense in the near future. Together, these three companies provide more than 90% of the world’s lithium, and have absorbed much of the rising demand simply by bringing untapped capacity online."



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