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May 3, 2016

Volume 6 Issue 38

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India’s Lithium Buyers Come up Dry

More than 75 percent of the world’s lubricating grease is thickened with lithium hydroxide or lithium complex soap – but over 90 percent of the grease made each year in India is. Now India’s grease manufacturers say lithium hydroxide has been priced beyond their grasp, as electric cars and consumer electronics devour every available kilogram.