Australia forecasts lithium export earnings of $16B in 2022-23, up from $5B in 2021-22
Green Car Congress
DECEMBER 24, 2022
Despite the spread of new battery manufacturing capacity into Europe and the US, Asia remains the major source of demand for lithium. This rapid growth is forecast to be met by gains in output by Australia, Chile and Argentina. Over the following two years, demand is forecast to rise by more than 40%, reaching 1,091,000 tonnes by 2024.
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