It seems even Kaolin (an industrial clay) is enjoying being apart of the Western Australian Lithium rush.
Thanks to a sustained growth in Lithium-Ion batteries. High Purity Alumina (HPA) recently joined lithium, cobalt, nickel and copper as a key input to lithium-ion batteries
The main application for HPA is to act a separator plate in Lithium-ion batteries, to keep the Anode and Cathodes apart.
Kaolin is a key ingredient in producing HPA and will be mined at Meckering, Western Australia with enough reserves for 250yrs.
Back in June 2016, Altech Chemicals predicted the global demand for HPA (ie High Purity Alumina) would be 15,000tpa and proposed to build a $380M HPA plant in Malaysia producing 4,500tpa.
Fast forward to 2018, and the global demand has jumped to 23,000tpa.
But, according to Petra Capitals in Sydney, the demand for HPA could be as high as 37,500pa by 2025.
However, CRU Consulting in London, are predicting demand could be closer to a mind boggling 76,000tpa by 2025.
Western Australia is the resource rich state of Australia and well poised to capitalise on the Tech Metal Boom.
Read the Full Story