Three countries to cooperate on lithium in South America
2011-07-01 14:38:01 [Print]
Argentina, Chile and Bolivia are going to cooperate on lithium industry in order to control the lithium output and price.
Lithium deposit in Argentina, Chile and Bolivia occupies 85% of the total in the world, which makes it possible for them to control the international lithium market.
The reserves of lithium in Bolivia, Chile and Argentina are accounting for 50%, 25% and 10% respectively for the time being; the sales of metal products in Chile and Argentina make up of 44% and 11% of the total and Australia and China supply 25% and 13% of lithium products to the international market. Latin American countries are still out of the power to hold the market.
Lithium deposit in Argentina, Chile and Bolivia occupies 85% of the total in the world, which makes it possible for them to control the international lithium market.
The reserves of lithium in Bolivia, Chile and Argentina are accounting for 50%, 25% and 10% respectively for the time being; the sales of metal products in Chile and Argentina make up of 44% and 11% of the total and Australia and China supply 25% and 13% of lithium products to the international market. Latin American countries are still out of the power to hold the market.
Lithium Carbonate 99.5%min FOB South America
Unit:USD/kg
China lithium carbonate 99.5%mi producers' inventory to production ratio statistics by province by month
Unit: %
