AZS MD,
“My feeling regarding the lithium market going forward is only the really big deposits are going to be developed, mined, and processed,” he said.
“My gut feel is minimum 50 million tonnes would be necessary to build an operating mine, maybe even 100 million tonnes will be the lower end of the threshold.
“So I expect that as time goes on the hard rock lithium mining industry will be similar to the iron ore mining industry, it will be dominated by a small number of large companies who have complete control of the industry.
“And a lot of the smaller hard-rock lithium deposits which have been discovered in Western Australia may never be developed because they’re too small to be an operated on a stand-alone basis.”
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