Do You Know The New Lithium Company Listing From Lithium Battery

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Last week, Western Lithium USA Corporation (TSE:WLC)announced that its common shares are now listed on the Toronto Stock Exchange (TSE). Western Lithium USA is engaged in the development of a lithium resource situated in northwestern Nevada. The firm leased a portion of claims on the Kings Valley Project located in north-western Nevada with lithium wealthy hectorite clay deposits. It has conducted a scoping study and has a resource estimate for the initial stage of development hosting a historically estimated 11 million tonesof lithium carbonate equivalent (LCE).

Western Lithium's President, Jay Chmelauskas issued strong support for the news, "This listing on the senior TSX board is another milestone in the development of Western Lithium, coinciding with North America's introduction to electric and hybrid automobiles making use of lithium-ion battery," Chmelauskas went further to say that "The graduation will open up a broader investor base and expand our access to capital as we continue to advance our Nevada-based source of lithium targeted towards North American and Asian battery manufacturers."

Industry Outlook

MarketResearch ...
... has just issued a report suggesting increased demand for lithium battery could mean the market will quadruple between now and 2020. The report supplies a detailed look at the global lithium ion battery market covering many aspects, including:

The competitive landscape
Japanese, Korean and Chinese rivalry
Partnerships and joint ventures
Battery technology, political and standards risks
Challenges ahead
Battery technology trends
Main opportunities
Battery supplies technologies trends
Cost trends
Price trends
Producer marketplace shares

The report chronicles the development of lithium ion battery technology, from very first proposal stages in the 1970's to commercial manufacturing in the 1990's. The market for lithium battery pack has now grown to billion for last year, and is expected to reach billion by 2020.

Batteries are the largest end use for lithium, accounting for about 26 percent of demand, followed by ceramics and glass at 16 percent and lubricants at 13 percent. Demand for batteries is on the enhance with the catalyst originating from both consumer electronics and mobile phone sectors and a extremely anticipated enhance in electric vehicle and hybrid demand.

The lithium content of batteries in lap leading personal computer batteries average 70 grams per unit and mobile phones can average 3.four grams per phone. The demand for these end uses is expected to grow 11 percent over the next five years nevertheless, the greatest potential for medium term demand for lithium in batteries will be in the automotive sector, where an estimated 12 kg of lithium are utilised in a hybrid vehicle and 50 kg are required for a fully electric vehicle.

The marketplace for these vehicles is expected to boost 25 percent over the next decade. This indicates the sector will need an extra 15 metric tons of lithium carbonate by 2015 and 18 metric tons by 2020. Terminal growth is not expected to continue unabated at these rates, but could stabilize inside 15 years.

Apart from batteries, other lithium applications should approximate GDP growth rates, with ceramics and glass growing by an estimated 4 percent per year, although industrial and other end uses will enhance by 2.five percent annually.

Last week, Western Lithium USA Corporation (TSE:WLC)announced that its common shares are now listed on the Toronto Stock Exchange (TSE). Western Lithium USA is engaged in the development of a lithium resource situated in northwestern Nevada. The firm leased a portion of claims on the Kings Valley Project located in north-western Nevada with lithium wealthy hectorite clay deposits. It has conducted a scoping study and has a resource estimate for the initial stage of development hosting a historically estimated 11 million tonesof lithium carbonate equivalent (LCE).
Western Lithium's President, Jay Chmelauskas issued strong support for the news, "This listing on the senior TSX board is another milestone in the development of Western Lithium, coinciding with North America's introduction to electric and hybrid automobiles making use of lithium-ion battery," Chmelauskas went further to say that "The graduation will open up a broader investor base and expand our access to capital as we continue to advance our Nevada-based source of lithium targeted towards North American and Asian battery manufacturers."
Industry Outlook
MarketResearch has just issued a report suggesting increased demand for lithium battery could mean the market will quadruple between now and 2020. The report supplies a detailed look at the global lithium ion battery market covering many aspects, including:

The competitive landscape

Japanese, Korean and Chinese rivalry

Partnerships and joint ventures

Battery technology, political and standards risks

Challenges ahead

Battery technology trends

Main opportunities

Battery supplies technologies trends

Cost trends

Price trends

Producer marketplace shares
The report chronicles the development of lithium ion battery technology, from very first proposal stages in the 1970's to commercial manufacturing in the 1990's. The market for lithium battery pack has now grown to billion for last year, and is expected to reach billion by 2020.

Batteries are the largest end use for lithium, accounting for about 26 percent of demand, followed by ceramics and glass at 16 percent and lubricants at 13 percent. Demand for batteries is on the enhance with the catalyst originating from both consumer electronics and mobile phone sectors and a extremely anticipated enhance in electric vehicle and hybrid demand.
The lithium content of batteries in lap leading personal computer batteries average 70 grams per unit and mobile phones can average 3.four grams per phone. The demand for these end uses is expected to grow 11 percent over the next five years nevertheless, the greatest potential for medium term demand for lithium in batteries will be in the automotive sector, where an estimated 12 kg of lithium are utilised in a hybrid vehicle and 50 kg are required for a fully electric vehicle.
The marketplace for these vehicles is expected to boost 25 percent over the next decade. This indicates the sector will need an extra 15 metric tons of lithium carbonate by 2015 and 18 metric tons by 2020. Terminal growth is not expected to continue unabated at these rates, but could stabilize inside 15 years.
Apart from batteries, other lithium applications should approximate GDP growth rates, with ceramics and glass growing by an estimated 4 percent per year, although industrial and other end uses will enhance by 2.five percent annually.

Tags: lithium battery,lithium battery pack,lithium-ion battery