The demand for rechargeable batteries has changed the landscape of the lithium industry. The demand for lithium is expected to grow significantly due to the growth in rechargeable batteries for use in electric vehicles and energy storage systems.
Lithium use in rechargeable batteries will increasingly power our world.
- Most global auto makers have announced plans to electrify a portion of their fleet by 2025.
- Global governments are rolling out policies which mandate the introduction of electric vehicles.
Tianqi Lithium will produce lithium hydroxide monohydrate (‘lithium hydroxide’) at the Kwinana plant which will be principally be supplied to the electric vehicle battery materials supply chain.
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