YES! The world's current lithium annual demand is 32.5ktpa, and it’s expected to be 35Mtpa in 2050, which shows a Lithium supply and demand problem in 2030. The global lithium resource distribution, in the world is very uneven -- totally 75% of lithium resources are controlled by Australia and Chile. Which is...
WA is officially the Battery Metal Powerhouse of the world. That’s according to the Western Australian Department of Mines, Industry Regulation and Safety. Who believe there is no turning back in the rise of demand for Electric Vehicles & Energy Storage: Volvo - will pull the plug on Petrol and...
The world No 4 Iron Ore Producer Fortescue Metals Group, CEO Elizabeth Gaines says the Australian iron ore producer is working towards finding other commodities to mine. In a recent interview she said she had high hopes for the exploration work for copper, gold and lithium. Gaines said that finding the...
Kidman Resources (KDR) and its joint venture partners Sociedad Quimica y Minera de Chile (SQM) have announced they have selected a site for their new Lithium Hydroxide facility at Kwinana Industrial Area. This is a further sign of the growing strategic importance of Kwinana Industrial Area, which lies 30km from...
The key battery ingredient of lithium is set to become Western Australia’s next boom metal, following in the footsteps of gold, nickel and iron ore. The outlook is rosie for companies active in the lithium space, with increasing interest in value-adding opportunities. Many analysts believe WA, is set to become the...
Western Australia’s Lithium industry has gone into “over drive” in the space of a few years with Lithium projects worth billions of dollars in the pipeline. The overwhelming majority of royalties generated by WA’s booming lithium projects seem destined to prop up the Eastern States, with the Commonwealth Grants Commission...
Could WA become the Battery metal powerhouse? According to Department of Mines, Industry Relations and Safety it is looking very good. As seen in the publication: Western Australia: a battery metal powerhouse. WA has the world’s largest single hard-rock Lithium (Li) deposit located in Greenbushes making it a great...
One of the world's biggest lithium refineries is set to be established in Western Australia, south of Perth, leading the rush to take advantage of the “lithium boom”. The multi-million dollar refinery is a joint venture between Australia's Kidman Resources and Chilean company Sociedad Química y Minera de Chile. It is...
New lithium mines and growing demand for materials used to make lithium batteries for electric vehicles puts Australia in a position to dominate the world’s lithium supply. Mining and agribusiness reporter, Darryn Gray, writing in the Sydney Morning Herald, has quoted Citi analyst Clarke Wilkins as saying Western Australia will...
If all goes to plan, the Western Australian government will have, by November 2018, recommendations to take advantage of the lithium-ion battery boom. A taskforce of senior government representatives will assess the opportunities by engaging with companies and a lithium industry reference group. Plans have already been announced by several mining...