Annual demand for HPA is predicted to increase by 22.2% pa to about 250,000 tonnes by 2030 due tothe demand for LED and lithium-ion battery uses, both underpinned by globaldecarbonisation and electrification initiatives, there won't be any shortage of buyers. IMO HPA prices will be a lot higher by 2030 and IPT may then need to ramp up production by 200-300% to meet the increasing demand. Lake Hope has enough HPA to last several decades with the current resources and more may be found in surrounding lakes in IPT's tenements.
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