Naraha Lithium Hydroxide Plant Groundbreaking Ceremony
Orocobre Limited is pleased to advise that Orocobre Managing Director and CEO Mr. Martín Pérez de Solay, Toyota Tsusho Corporation (TTC) and Toyotsu Lithium Corporation representatives hosted a groundbreaking ceremony to signify the commencement of construction at the Naraha Lithium Hydroxide Plant (Naraha Plant).
Europe is beating the US in the battery race – with China’s help
The biggest reason we hear so much about electric cars is because of the falling costs of batteries. Lithium-ion batteries today cost less than one-fifth as they did in 2010. Within the next five years, some experts estimate that the total cost of owning an electric car — that is, upfront cost plus lifetime fuel... View Article
Orocobre Market Update – Online Briefing
To listen to a recording of Orocobre’s latest audio webcast briefing, where Managing Director & CEO Mr. Martín Pérez de Solay discusses the Quarterly Activities Report for the period ended 30 June 2019, click on the media player below.
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Markets
Market demand for lithium products is largely driven by the increase in use of rechargeable batteries in portable electronic devices and electric transportation.
Lithium-ion batteries provide power for cell phones, smartphones, tablets, laptop computers, power tools, and many other mobile consumer devices. Larger format lithium-ion batteries provide power for electric cars, scooter, electric bikes, buses, forklifts and other forms of transportation.
New applications for lithium are emerging in the areas of grid energy storage, solar and nuclear energy generation, and other industrial uses. Extensive new lithium-ion battery manufacturing plant capital expenditures currently underway are viewed as a positive indicator of future lithium demand.