McGowan Government welcomes report on Australia's lithium industry

05 February 2018

WA Government: The McGowan Government today welcomed the launch of the Association of Mining and Exploration Companies' (AMEC) A lithium industry in Australia: A value chain analysis for downstreaming Australia's lithium resources report.

The independent report is a call to action for Australia to capitalise on the estimated $2 trillion lithium value chain.

The report outlines how Australia can ensure that our future generations gain economic and social benefits, and become a global player in undertaking greater lithium downstream processing.

It recommends that government and industry work collaboratively to ensure the greatest possible return in a competitive global market.

Western Australian lithium projects that have ramped up production include Greenbushes, Mt Caitlin, Mt Marion and Pilgangoora.

Australia produces more than 60 per cent of the world's lithium, which is a key ingredient in electrical vehicles and batteries for smartphones.

Comments attributed to Mines and Petroleum Minister Bill Johnston:

"I welcome AMEC's report and acknowledge the importance of developing further downstream processing opportunities in WA, which will help diversify our economy.

"The McGowan Government is committed to supporting investment in lithium and battery materials to create jobs. I'd like to thank AMEC for adding to the research for this emerging industry.

"Western Australia's lithium reserves, combined with our technical skills, industry capabilities and our close proximity to the manufacturing centres in Asia, make our State well placed to capitalise on the growing needs of the battery market."

 

--ENDS--

 

Source:  Western Australia Government - www.mediastatements.wa.gov.au

Contact: Minister's office - 6552 6700

External Links:  A lithium industry in Australia 

Recent news by:  WA Government

 

 

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