Lithium plant works on track

Southern Telegraph - - News -

With up to 500 con­struc­tion work­ers on site, stage oneof Tianqi’s Kwinana re­fin­ery is about 75 per cent com­plete, with stage two in progress.

Upon com­ple­tion, the re­fin­ery will be the big­gest lithium hy­drox­ide plant in the world, and Tianqi Lithium Aus­tralia gen­eral man­ager Phil Thick said there was more lithium in WA than any­where else in the world.

“Just about ev­ery man­u­fac­turer in the world has come out with pretty strong and ag­gres­sive tar­gets for pro­duc­tion of elec­tric ve­hi­cles over the next five or 10 years and that’s what’s driv­ing the de­mand for lithium,” he said.

Global con­sump­tion of lithium hy­drox­ide last year was about 40,000 tonnes but Mr Thick said Tianqi would aim to pro­duce about 48,000 tonnes a year at Kwinana. De­mand for the min­eral is tipped to grow by 18 per cent a year un­til 2026.

“(Kwinana is) one of the best in­dus­trial strips any­where in the world be­cause of the in­ter-re­la­tion­ship of all the businesses,” Mr Thick said.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.