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 opportunity considering the world’s Lithium demand.
Professor Peter Newman confirms the opportunity with his report in which he calls the state to become the leader in battery manufacture. Not only does WA have a great Lithium deposit but all other metals required for battery production calling it a “One Stop Shop”.
This could create jobs in areas other than Lithium alone. Nickel, Cobalt, Manganese, Vanadium and Graphite are required for battery production and we could see increase in price and jobs.
Why only mining is not enough
The report also argues that WA should not only mine but add value by refining and manufacturing the end product. This all adds up to the predicted 100,000 jobs that will be created if WA seizes the opportunity.
Kwinana WA is home to the world’s first Lithium Hydroxide Processing Plant being built by Chinese Lithium producer Tianqi. Tianqi is spending more than $700 million by constructing the two stage lithium plant.
This is estimated to create over 500 construction jobs during the two stages and 115 local full time production jobs after its completion late 2018. 24,000 tonnes of Lithium Hydroxide will be produced annually by processing spodumene concentrate form Greenbushes.
WA’s Quality and Experience
Western Australia has much more to offer than just resources. Due to Oil & Gas and the Mining Boom the WA workforce is used to quality workmanship. With access to many highly skilled and trained professionals it is set up to win.