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Alliance Mineral Assets gears up for lithium bonanza

The only lithium company on the Singapore Exchange is completing its resource estimate of a commodity that some say is hotter than gold; it aims to start production by year end

Published Mon, Mar 13, 2017 · 09:50 PM

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    Singapore

    ALLIANCE Mineral Assets is in a hurry like no other. The Australian mining group, which is on the trail of a commodity that some say is hotter than gold, is working at full speed to start production by the end of this year.

    The commodity in question: lithium, a key ingredient in lithium-ion batteries used in electric vehicles and energy-storage systems which are expected to become more prevalent over the next decade.

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