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Philip Thick says there has been a significant change in sentiment about where the lithium market is headed over the past few months. Photo: Attila Csaszar

Lithium supply to fall short: Tianqi

Global demand for lithium is expected to increase by three to four times by 2025 and projected supplies will not keep up, Tianqi Lithium Australia general manager Phil Thick told a Mining Club lunch today.

“Over the past two or three months there has been a significant change in sentiment, but more reality, about where the lithium market is headed,” Mr Thick said.

“Companies like Macquarie that have been very bearish on lithium have completely changed their position.

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Comments

Perth
Tianqi's investment in WA is excellent. It would be great to go to the next step and manufacture Li-Po batteries here as well.

Perth
There is a massive opportunity for companies to become vertically integrated from mining, manufacture and leasing in the solar renewable sector. A perfect storm in effect. I believe this is the opportunity of a lifetime and all we need is our government to get on board now and provide the catalyst and legislative framework to enable Australia to be a global leader in our region.

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