Australia tipped to soon produce more than half of the world's lithium
Western Australia is tipped to produce more than half of the world’s lithium supply by the end of this year, as new mines come online and the world’s appetite for the materials used to make batteries for electric vehicles grows. That forecast, made by Citi analyst Clarke Wilkins last week, came on the same day that the managing director of lithium miner Pilbara Minerals, Ken Brinsden, said Australia was in "pole position in lithium raw materials", and described one part of WA as "lithium valley".
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