The Growth of Lithium
23/07/12 11:58
The growing popularity of devices that use Lithium batteries is turning into a boom for miners. Prices for lithium have tripled since 2000 as more products, such as the iPad and Toyota’s Prius, are using the technology. Lithium’s use in technology has been growing about 20% a year since 2000, and today accounts for 30% of global lithium demand. Approximately 95% of the lithium market is controlled by four companies: Talison Lithium, Rockwood Holdings (NYSE: ROC), Sociedad Quimica y Minera de Chile (NYSE: SQM), and FMC (NYSE: FMC).
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Seeking Alpha "Paulson Recommends AngloGold Ashanti"
24/05/12 13:59
AngloGold Ashanti (AU) has gained some attention lately as one of John Paulson's top picks. He notes that gold stocks have badly trailed metal prices and AngloGold Ashanti is at its lowest valuation in 10 years. Paulson is a big name in American hedge funds and has a multitude of followers in the investing world. His picks are widely watched and accepted.
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