- Lithium prices were slightly down (except spodumene significantly up) the past month. BMI: Battery capacity is currently growing at twice the speed of lithium raw material supply.
- Lithium market news - BMI: Lithium ion battery pipeline breaks the 6 TWh capacity by 2030 and will require 5 million tpa of lithium by 2030 (10.4x increase on 2021).
- Lithium company news - Albemarle/Mineral Resources to speed up restart at Wodgina lithium mine to May 2022. Ganfeng/Mineral Resources to expand Mt Marion production to 900,000tpa by end of 2022.
- Allkem's Olaroz resource upgraded 2.5x to 16.2 million tonnes LCE. Pilbara Minerals/POSCO JV downstream transaction completed, plan to construct and operate a 43ktpa LiOH facility in South Korea.
- Near term lithium producers Argosy Minerals, LAC/Ganfeng, Core Lithium, & Sigma Lithium all making good progress. Core Lithium acquires lithium project near Finniss. Sigma Lithium grows resources to 58.9Mt.
For further details see:
Lithium Miners News For The Month Of April 2022