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Wednesday, August 15, 2012

IPad Boom Strains Lithium Supplies After Prices Triple - Businessweek

IPad Boom Strains Lithium Supplies After Prices Triple - Businessweek: "Demand for lithium-ion rechargeable batteries out of Asia has helped prices climb threefold in the last 12 years, London- based Roskill Information Services Ltd. analyst Robert Baylis said. Global use doubled from 2000 to 2011 according to Roskill, which has recently consulted on six lithium projects.

Lithium Oligopoly
The advantage of lithium-ion over other battery types is that a typical cell can generate more electricity than competing cells such as lead-acid. There is about 1.7 grams (0.6 ounce) of lithium carbonate equivalent in a mobile phone, 2.1 grams in a smart phone and 20 grams in a tablet, according to Dahlman Rose."

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