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Thursday, 06/16/2011 10:08:32 PM

Thursday, June 16, 2011 10:08:32 PM

Post# of 59575

Rockwood Holdings one of the largest chem suppliers announced a price increases of up to 20 percent for its lithium salts.


http://www.businesswire.com/news/home/20110615007336/en/Rockwood%E2%80%99s-Lithium-Division-Announces-Global-Price-Increases


"Rockwood Holdings' Inc. (NYSE: ROC) lithium division is announcing price increases of up to 20 percent for its lithium salts, including lithium carbonate, lithium hydroxide, lithium chloride, and increases on lithium metal battery grade, effective July 1st. ....

“With this increase we will return prices of lithium carbonate and lithium hydroxide to the levels of 2008” said Dr. Steffen Haber, President of Rockwood’s Chemetall lithium division."

....


We all know the demand for lithium is going to be huge in the years to come, lets just hope TUCA discover several tons of it!