Reserve Revision for Lithium in Australia
Lithium reserves for Australia were revised to 56,200,000 metric tons for 2023 based on company and government reports.
Australia trade
Market intelligence
Lithium reserves for Australia were revised to 56,200,000 metric tons for 2023 based on company and government reports.
Sichuan Tianqi Lithium announced plans to double production capacity to 48,000 t/yr of lithium concentrate at the Greenbushes mine, beginning in late 2019.
Talison Lithium (Sichuan Tianqi Lithium/Albemarle) announced a mine expansion at the Greenbushes mine to increase production to 165,000 t/yr of lithium concentrate.
Junior mining operations in Australia ceased production entirely.
Established lithium operations in Australia postponed capacity expansion plans due to overproduction and falling prices.
Lithium reserves for Australia were revised upward based on new government and industry data.
Sichuan Tianqi Lithium announced the construction of a 24,000‑t/yr lithium hydroxide plant in Kwinana, Western Australia, with commissioning expected in late 2018.
Five new Australian spodumene operations ramped up production in 2018, further expanding lithium mining output.
The leading Australian spodumene operation increased its concentrate production by about 40% in 2018, maintaining its position as the world's largest lithium producer.
Galaxy Resources resumed commercial operation of the Mt Cattlin spodumene project in Western Australia, producing 155,679 t of concentrate in 2017.
Reed Industrial Minerals began commercial production at the Mount Marion spodumene project in Western Australia, producing 377,388 t of concentrate in 2017.
Mineral Resources Ltd. commenced commercial production of lithium direct‑shipping ore (DSO) from the Wodgina mine in Western Australia.
Two new Australian spodumene operations ramped up production in 2017, expanding the country's lithium mining capacity.
Chinese lithium chemical producer acquired an Australian lithium mine in 2013, transferring ownership and potentially altering production dynamics.
Completion of the Gwalia Lithium Carbonate plant at the Greenbushes spodumene mine was delayed, postponing production until early to mid‑1996.
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