ENERGY MINERALS

Lithium demand expected to quadruple, requiring $42B investment

ANALYSIS from Benchmark Mineral Intelligence has shown the lithium industry needs a massive US$42 billion in investment to meet projected 2030 demand.

Lithium demand expected to quadruple, requiring $42B investment

Benchmark forecasts 2030 demand will increase fourfold to 2.4 million tonnes of lithium carbonate equivalent (LCE), 1.8Mt higher than forecast 2022 production of 600,000t. To meet that demand, Benchmark...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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