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Get ready for a MEGA-RALLY, world’s largest lithium producer says

Several months ago, Chile’s second-largest lithium producer, Albemarle Corp. (NYSE:ALB), warned that global supplies of lithium were on course for a major shortfall in a few years’ time if prices fail to reflect the costs of funding massive expansions amid the EV boom. Specifically, ALB highlighted the chasm between discount-hunting EV manufacturers and lithium …

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India to become 2nd biggest coronavirus vaccine producer in the world

The South Asian nation was producing around 60 percent of the world’s vaccines even before the Covid-19 pandemic, and the production capacities of Indian pharma manufacturers allow vaccines to be made at relatively low cost. “India has been a manufacturing hub for vaccines… even before the pandemic, and should therefore …

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Producer prices of gasoline in Russia rose in may to 17.5%

Producer prices on gasoline in Russia rose in may 2019 17.5% after rising 0.2% in April, the Federal state statistics service. As pointed out by the Agency during the reporting period in the manufacturing sector increased the prices of certain types of petroleum products, including a “gasoline — 17.5%”. Recall …

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Portugal will become the main producer of “white oil” in the EU?

Mining companies producing lithium laid eyes on Portugal. This country without much fanfare, has become Europe’s largest manufacturer of raw materials for the production of batteries, which is called “white oil.” One such company is Savannah Resources, which is currently promoting his project Mina do Barroso in the North of …

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