Inside Albemarle's Bespeak To Reinvent The Lithium Marketplace (Alb)

We've been posting on lithium for over a decade, but when given the choice inwards 2016 betwixt touting lithium or cobalt, went amongst the latter, which in addition to hence became the overstep performing tradable commodity 2016-2018.
All skillful things come upwardly to an end, nosotros moved on to ruthenium, in addition to haven't had much on either of the battery elements.
Some links below.

Today's flush is from Reuters, Aug. 29:

As global involve for lithium hits overdrive, Albemarle Corp is investing millions of dollars to engineer specialized types of the low-cal metallic for electrical machine batteries, business office of a strategy to stay the niche market’s overstep producer.

The pin comes equally battery makers such equally Panasonic Corp, the sole battery supplier to Tesla Inc, increasingly involve to a greater extent than purified versions of lithium that tin plough over the sack assist boost electricity storage in addition to increase a battery’s charge, shaping Albemarle’s strategy, according to sources in addition to documents reviewed yesteryear Reuters in addition to confirmed yesteryear the company.

Once used primarily equally a pharmacological handling for bipolar disorder, lithium has teach ane of the world’s well-nigh in-demand commodities cheers to the rise popularity of electrical vehicles powered yesteryear lithium-ion batteries.

Roughly 500,000 electrical vehicles were sold globally inwards 2016, a figure that is expected to boundary sevenfold yesteryear 2022, according to estimates from the U.S. Energy Information Administration.

Albemarle’s strategy, which includes developing a battery query view close its North Carolina headquarters, is aimed at setting it apart from its major competitors, including Chile’s SQM in addition to China’s Tianqi Lithium Corp.

Albemarle has historically sold basic types of lithium nether short-term contracts, much similar rivals. Now, the companionship is diverging from rivals in addition to developing dozens of lithium products that tin plough over the sack assist boost electricity storage in addition to increase a battery’s charge.

The pin comes equally battery makers such equally Panasonic Corp, the sole battery supplier to Tesla Inc, increasingly involve to a greater extent than purified versions of lithium that tin plough over the sack assist boost electricity storage in addition to increase a battery’s charge, shaping Albemarle’s strategy, according to sources in addition to documents reviewed yesteryear Reuters in addition to confirmed yesteryear the company.

Once used primarily equally a pharmacological handling for bipolar disorder, lithium has teach ane of the world’s well-nigh in-demand commodities cheers to the rise popularity of electrical vehicles powered yesteryear lithium-ion batteries.

Roughly 500,000 electrical vehicles were sold globally inwards 2016, a figure that is expected to boundary sevenfold yesteryear 2022, according to estimates from the U.S. Energy Information Administration.

Albemarle’s strategy, which includes developing a battery query view close its North Carolina headquarters, is aimed at setting it apart from its major competitors, including Chile’s SQM in addition to China’s Tianqi Lithium Corp.

Albemarle has historically sold basic types of lithium nether short-term contracts, much similar rivals. Now, the companionship is diverging from rivals in addition to developing dozens of lithium products that tin plough over the sack assist boost electricity storage in addition to increase a battery’s charge...MORE

It's been a tough twelvemonth for ALB equally good equally for the world's other largest producer, SQM: 

FinViz

$95.42 downwardly 1.30 [-1.34%].
If interested, encounter also: 
July 29 
Lithium Is Dead For Now: What's Next?
January 2018
Lithium: Here Comes the Supply Surge 
June 2017
The Cobalt Trade Worked Out, On To Ruthenium

Which, he said modestly led to this flush inwards December, 2017:
"Rush for Ruthenium Has Metal Soaring 375 Percent inwards 2017: Chart"

From Bloomberg Quint:

That was pretty much merely showing off, it took merely about convoluted trades to accept wages of the directional move.

 Here's (LME cobalt)


source: tradingeconomics.com

That "Lithium is dead" postal service also has the genesis of the cobalt trade.