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 world’s second major location for the refining of lithium from mineral concentrate after China.
Global metals and minerals research company Roskill concurs, citing a number of recent announcements outlining the rapid pace of developments within the lithium mineral sector in the state.
Roskill stated: “Given its more straightforward development and production process compared to the lithium brine sector, this sector has been able to react quicker to current, and significantly increased projections for future lithium demand.”
Read the Full Article here: John Miller Editor at Proactive Investors Australia (18 May 2018).
