Latest With Lithium Chemical Players- AGY, LPD, ADV, AJM

July 8, 2019

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Lithium chemicals are trending down in the international market; however, the projections of high demand in the coming years is prompting miners to continue the exploration and development of lithium chemicals. The demand for lithium chemicals is projected by many industry experts to increase in the coming years amid the predicted battery boom in the energy storage sector; however, the demand of lithium-based chemicals such as lithium hydroxide is currently showing slower growth than previously projected by the market participants. Australia is now the most significant contributor in the global lithium supply chain, which accounts for its abundant lithium reserves and high engagement of lithium explorers, who are engaging themselves in not just the primary lithium production but in the lithium downstream processing as well. The lithium market is currently oversupplied, and the recent stance of Chile to inch up the production could add more to the supply chain; however, the industry experts predict that the lithium consumption in the coming years would surpass the supply chain.
On such projection and estimations, the lithium miners and the chemical processors are placing themselves to take advantage of the predicted white gold rush. Let us now take a look at how lithium miners are positioning themselves to jump in the anticipated bull ride.

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P2 Science, Inc

We are a venture-backed, renewable chemicals company, co-founded by Yale scientists, a chemical industry CEO, and Elm Street Ventures, an early-stage venture fund. P2 Science has developed a unique, bio-refining process for converting biomass—including vegetable oils—into high-value, specialty chemicals. These include flavor and fragrance ingredients, and many of our products are today available only from petrochemical sources.

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