THE LITHIUM SPOT E-ZINE SPEAKS WITH OROCOBRE MD/CEO RICHARD SEVILLE
The Lithium Spot e-zine has spoken with Orocobre Limited (ORE:ASX ORL:TSX) MD / CEO Richard Seville on all things Lithium, including the recent Morgan Stanley downgrade of the lithium sector and much more.
Strong policy and falling battery costs drive another record year for electric cars
According to the latest edition of the International Energy Agency’s Global Electric Vehicles Outlook the number of electric and plug-in hybrid cars on the world’s roads exceeded 3 million in 2017, a 54% increase compared with 2016. China remained by far the largest electric car market in the world, accounting for half sold last year.... View Article
Australia unplugged: why we’re still lagging behind on electric cars
For Brigid Niall and her daughter Queenie it was quite a road trip. Not because of the route they took on their weekend drive – around their inner-Melbourne suburb, through Melbourne’s CBD and up to East Brunswick in the inner-north – but for the reaction they received from other motorists and onlookers. Niall was at... View Article
BORON
MARKET
The borates market typically grows at levels equal to, or above GDP growth in key demand markets.
Increased demand for agricultural applications continues while Africa and India show improved adoption of using borates as a micronutrient to increase crop productivity. Heightened demand for refined borates products and boric acid reflect increased consumption in agriculture applications and within chemical feedstocks.
Continued market growth at approximately GDP rates or above is expected, driven by innovation in Asia’s boro-silicate glass industry and fracking in the Americas, as well as increasing and more widespread consumption of borates in agricultural applications.
REFINED BORATES MARKET
- Overall 4.5% CAGR from 2013 to 2018
- Growth driven by Agriculture in the Americas and Asia (6%), Borosilicate Glass in China (4%)
- As the market continues to improve, Insulation Fiber Glass in the North American housing market will also stimulate growth.
MINERAL BORATES MARKET
- Overall 4% CAGR from 2013 to 2018
- Growth driven by Agriculture (6%), Insulation Fiber Glass (4%) and Frits and Ceramics (4%)
- Minerals used in Asia for conversion to refined products and in North/South America directly in end-uses
- Fracking application is developing in North America based on ulexite