SOURCE: Equity Spotlight

December 13, 2011 07:30 ET

First Liberty Power (OTCQB: FLPC) in the $1 Billion Lithium Market

Note to Editor: The Following Is an Investment Opinion Issued by the Equity Spotlight.

NEW YORK, NY--(Marketwire - Dec 13, 2011) - First Liberty Power Corp. (OTCQB: FLPC) released several positive news articles in the lithium industry, the entire press release can be seen here,

At the World Lithium Supply and Markets 2009 conference in Santiago, Chile, the world's top three lithium producers, Sociedad Quimica y Minera de Chile (NYSE: SQM), Chemetall Lithium (NYSE: ROC) and FMC Lithium (NYSE: FMC), along with research groups TRU Group and Roskill, presented an outlook for lithium. According to the forecast, world lithium demand is expected to grow as much as three-fold in just over ten years.

Growth is driven by secondary (rechargeable) batteries and electric vehicle (EV) batteries. Current demand for lithium, measured as lithium carbonate equivalent (LCE), is around 110,000 metric tons per annum (tpa). This is expected to rise to around 250,000 to 300,000 tpa in 2020 driven by rechargeable batteries and EV batteries, according to the outlook.

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid Equity Spotlight twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.

Contact Information