Industrial Minerals


Stable lithium prices expected for 3 years – Chinese importer

29 March 2011

by Mark Watts

Chinese chemical convertor sees little price volatility as global supply diversifies

Keywords: Ganfeng, lithium, batteries, electric vehicles, glass, spodumene, Talison Lithium, Galaxy Resources

The price of lithium minerals imported to China is expected to remain stable over the next three years, according to a major Chinese lithium chemicals group.South China-based Jiangxi Ganfeng Lithium Co. Ltd converts imported lithium minerals into chemicals for use in end markets such as glass and ceramics. “We are not worried about supply shortages, but were worried about concentration of supply sources,” Ganfeng’s executive vice president Wang Xiaoshen told IM.“But now with the...