That’s what some are calling West Australian Lithium. The silvery white commodity that is so abundant in Western Australia has never been so popular with investors.
Why the excitement?
Well that can be attributed to the global push for “green energy and renewables”. The growth in demand for electric vehicles and storage has pushed the market for lithium much higher.
The applications are endless, Cars, Motorcycles, trucks, ships, planes will all be powered electrically in the future. Volkswagen, Daimler, Audi, Toyota, Nissan, Jaguar Land Rover and most recently Volvo are all joining Tesla in the Electric Vehicle revolution.
Tawana Resources managing director Mark Calderwood said “It will all be electric in 20 years time,”.
So what’s the opportunity for WA?
Given our reduced travel times to key Asian markets and proven track record for delivery of minerals and energy products. The outlook is looking good for WA !