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Argentina
by Tam

How can Bolivia help Obama? Buenos Aires, Argentina on February 12, 2009 the lithium is a hope for Bolivia and for the world. Evo Morales, the world is changing rapidly and these changes represent great opportunities for those who have the capacity or the resources to take advantage of those changes. The automotive industry is going through one of its toughest crises in its history, and the same output will involve also major changes. The current crisis has demonstrated the fragility of the automotive sector not only in terms of its inefficiency in production in the developed economies, but also in its vulnerability to large increases in the price of fuels. That is why the automotive sector must face a new stage where the challenge is to generate a radical change in their production structure and where new car models to achieve the greatest possible efficiency in energy consumption.

In this quest for efficiency, the sector has made progress in the incorporation of new sources of energy. This is leading to the development of the concept of electric car that appears as an attractive proposition not only as regards the possibility of using an energy source alternative to oil but also because of its low level of pollution. In this move towards the development of electric cars, automotive companies are focusing on lithium carbonate, the mineral that is currently used for batteries of cellular and personal computers. Lithium batteries can focus a large amount of energy in low-volume and hence their high valuation. Several of the main automotive are already working on the development of new electric cars. General Motors (NYSE:GM), for example, included a lithium battery in its hybrid model Volt. Presents another example Toyota (NYSE:Tm), which is trying to incorporate a lithium battery in its next-generation Prius hybrid cars. Strong development that will experience the production of electric cars that incorporate lithium batteries will produce a significant demand for this metal.

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January 1st

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