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Markets :: Specialty Chemicals :: Lubricants

Rockwood Increases Lithium Salt Prices

1:25 PM MDT | May 15, 2012 | Lindsay Frost

Rockwood Lithium, a division of Rockwood Holdings (Princeton, NJ), is increasing prices of its lithium salts to $1,000/m.t., effective July 1. The increase will help fund investment projects to expand production facilities globally. “These investments will ensure the long term availability of lithium products for existing and future markets such as for electric vehicles,” says Steffen Haber, president. The company recently announced a $140 million investment plan for a new lithium carbonate production plant in Chile, and is also currently completing...

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