Creating Awareness On Why We Should Switch To Lithium

Much of our popular technology is tycooned by lithium carbonate. The colonial has been used in the creation of heat-resistant frost, ceramics and alloy for aircraft. It also sees effective use as a mood stabilizer and treatment for ALS (Lou Gehrig’s disease). But it’s the rechargeable power necessarily of innovative technical devices that made this lightest of all minerals a serious goods for investors. Lithium’s value has climbed with the sale of each laptop, PDA (46.09 ↑0.00%), cell intelligent, and iPod it inhabits.

Whether the motivation is gas prices, a desire to lower one’s carbon footprint, or a reluctance to promote enriching nations in the Middle East, demand has pull ind for hybrid vehicles. The ONLY practical option for rechargeable vehicles is the lithium-ion (Li-ion) battery. Now, I say that knowing that Toyota (TM 75.29 ↑1.74%) has delayed the installation of Li-ion batteries due to some safety concerns it’s working on firmness. The corrosive quality of lithium gives it the potential to short-circuit in batteries and catch fire.

Their will be more and more issues with this technology as we use it more, but these challenges are all most guaranteed when switching to new technology for power.  These challenges have researchers at hundreds of companies competing to perfect their version of the battery. What makes lithium batteries so perfect for cars is that they hardly way anything compared to their counterpart  They also lose power at a slower rate than other batteries between uses. In August 2008, Mitsubishi (MTU 4.99 ↑1.42%) Motors Corp. announced it was partnering with GS (140.05 ↑2.90%) Yuasa to complete a manufacturing workings for lithium-ion batteries.

The companionship anticipates that demand will increase fivefold to meet the needs of electric vehicles. The new facility is slated to open in the spring – the same time the company expects to launch its Mitsubishi I-MiEV electronic bundle car. Nissan (NSANY 14.94 ↓0.40%) will use Li-ion batteries for the 65,000 hybrids they hope to manufacture by 2010. Most of the next generation hybrids like GM’s hassle? Volt and Saturn Vue Green Line, and Mercedes (DAI 48.82 ↑2.24%)’ hybrid version of its S-Class sedan, are provision to use Li-ion batteries.  Other rare earth elements appear in hybrid vehicles, like neodymium, and yttrium.  in fact their is like 20lbs of the stuff in ever hybrid car. 

 The worlds largest commercial deposits of lithium are in Chile and Argentina.  China, Russia, Australia and the U.S. are working to pickup product. And the amount of lithium carbonate required for a car battery is about 100 times that needed for a laptop. buns line? L As the lithium demand rises steadly, and the more and more demand theri is for hybrid cars to continually be produced, the potential for a junior lithium company to be bought out by a major for production is quite a hight.  You want to be a strategic commodity investor witht the current market conditions.  Its possible for this renewable technology babble to be jsut that, a bubble about to break down. 

The best way to play it? New manufacturers are cropping up daily with ever-improved versions of the Li-ion battery. The competition is fierce and it’s difficult to know who will come out on top. or else, for our starting line pick, we are going directly to the source… Sociedad Quimica y Minera de Chile (ADR (630.52 ↑1.18%)) (NYSE:SQM (32.6 ↑1.18%)) is based in Chile and is a in the lead producer of lithium carbonate. The company also sells peculiarity plant nutrition products, iodines and derivatives and other industrial chemicals. This past October, the company reported a revenue growth of 56% for the first 9 months of 2008 when compared to the same period in 2007 .