A thirst for lithium among the world's largest battery players has boosted Australia's USD 90 billion mining industry, which is battling to keep up with demand and constantly increasing expansion, reports Bloomberg.
Australia is the world's largest manufacturer of lithium, and increasing demand from China in particular has prompted Australian miners to increase activity. Chinese consumers use the mineral in the production of lithium-ion batteries for electric cars and major energy storage facilities under construction.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for EnergyWatch has now started
With your free trial you get:
Full access to all locked articles on EnergyWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.