Australia’s bid to break China’s lithium dominance hit by delay

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Australia’s bid to break China’s lithium dominance hit by delay
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Wesfarmers said the start of its lithium refinery has been pushed back to the first half of 2025. miningnews

to look for alternative supply to the compounds critical to the decarbonisation of transport, with Australia’s status as the world’s biggest lithium miner making it a promising alternative processing hub. Those ambitions have been boosted by President Joe Biden’s Inflation Reduction Act, which grants tax credits on EVs that are built with materials produced by allies.

Two other Western Australia refineries — one led by China’s Tianqi Lithium Corp. and the other by US lithium giant Albemarle Corp. — are yet to begin commercial-scale export after delays and cost blowouts. Wesfarmers’ refinery south of Perth is a venture with Chile’s SQM, the world’s biggest lithium producer after Albemarle.

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