WFAFF News and Press, Wesfarmers Ltd. From 02/14/23

The following slide deck was published by Wesfarmers Limited in conjunction with their 2023 Q2 earnings call. For further details see: Wesfarmers Limited 2023 Q2 - Results - Earnings Call Presentation

Summary Lithium chemical and spodumene prices were lower the past month. Lithium market news - S&P Global: Lithium prices likely to see support from tight supply, bullish EV demand. Junior lithium miner company news - Leo Lithium Total Goulamina Resource increased by 31% to 142....

Summary Lithium chemical and spodumene prices were lower the past month. Lithium market news - Benchmark Mineral Intelligence is forecasting a small lithium deficit in 2023. Fastmarkets expects a small supply surplus to develop in 2023. Lithium company news - SQM to invest A$20m for...

Summary Lithium chemical and spodumene prices were slightly lower the past month as cathode makers held off purchases due to a feared Q1 2023 China EV sales slowdown. Lithium market news - Demand estimate for 2023 is we will need a million tonnes LCE. Whether there's supply that will be...

Summary Lithium chemical and spodumene prices were slightly lower the past month as cathode makers held of purchases due to a feared Q1, 2023 China EV sales slowdown as subsidies expire. Lithium market news - BloombergNEF: Lithium-ion battery pack prices rise for first time to an averag...

Summary Piedmont is derisked through an experienced partner. Near-term cash flow capitalizing on record lithium prices. $141.7 million grant from the US government to build their Tennessee lithium hydroxide plant. Great potential for expansion over the next few years. ...

Summary SQM continues to aggressively grow lithium production. Increased midstream capacity will allow it to benefit from rising hydroxide prices. A greater emphasis is being placed on international expansion. The Chilean-based Sociedad Química y Minera de Chile...

Summary Lithium chemical and spodumene prices were higher again the past month reaching new record highs. Lithium market news - U.S. government awards $2.8 billion of grants. BMI: Lithium has to scale twenty times by 2050 (from 2021 levels) as automakers face generational challeng...

Summary Lithium chemical and spodumene prices were higher the past month. China lithium carbonate spot passes CNY 500,000/t and along with lithium spodumene hits a new record high. Lithium market news - BMI: We need 74 new 45,000tpa LCE lithium mines (59 if include recycling) by 2...

Summary Lithium chemical and spodumene prices were higher the past month. China lithium carbonate spot passes CNY 500,000/t and along with lithium spodumene hits a new record high. Lithium market news - BMI: We need 74 new 45,000tpa LCE lithium mines (59 if include recycling) by 2...