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Lithium: Boom or bubble? | Projected demand sends prices skyrocketing

Chee Theng; interviewees include Pablo Cortegoso
Wednesday, February 7, 2018
First presented: 
Mining Engineering Magazine February 2018
Electric cars have been stirring up a storm for lithium. Prices of the mineral, which is an essential component of the lithium-ion batteries that power electric cars like Teslas, have been rising to stratospheric heights since October 2015 amid the prospect of widespread mass production of fully electric cars, each requiring some 21.4 kg (47lb) of lithium carbonate equivalent in their batteries. Is the price boom sustainable, or is it a bubble? The answer may be a bit of both.

Original Article from Mining Engineering Online

Feature Author

Pablo Cortegoso
Pablo Cortegoso is a Civil Engineer with over 8 years of experience in civil and mining projects; specializing in lithium brine projects. His main areas of focus are surface water hydrology and modeling, project management, design and implementation of field programs and data collection and analysis for hydrogeological and geotechnical studies. Mr. Cortegoso has extensive experience in hydrogeological field programs, with an emphasis on lithium brine deposits, including well designs, packer testing and aquifer tests. Mr. Cortegoso expertise includes solar pond evaporation design, modeling and operation for lithium and potassium brine projects. Mr. Cortegoso has been a key member in the preparation and completion of Technical Due Diligences, Technical Reports (Mineral Resource and Reserve Statements), Preliminary Economic Assessments, Pre-Feasibility and Definitive Feasibility Studies in accordance with NI 43-101 and JORC Guidelines for lithium brine projects throughout Argentina, Chile, USA, UK and Botswana.


Lithium Project Development Specialist
MSc Civil Engineering
SRK Denver
SRK Latin America