Chinese thirst for lithium sparks Australia's mining industry

Ambitious Chinese battery production plans have sent Australian lithium extraction into overdrive. The world's largest lithium mine is about to double its production capacity.

Photo: /ritzau/AP/Petr David Josek

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 access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs