DLI 2.17% 22.5¢ delta lithium limited

Delta Lithium General Discussion, page-1698

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    Exploring this a little further, the 130ktpa comes from the US Geological Survey commodity summary (Jan 2023 report for 2022). Its an early estimate of what 2022 looked like. While lithium demand/supply is frequently quoted in LCE, this report is in pure metal equivalents.

    The LCE to pure metal multiplier is 5.323x meaning the USGS estimate for 2022 production was 692kt of LCE (and a revised 2021 was 570kt of LCE). With minimal lithium mining occurring in the USA at present, the absence of USA mine production figures is not a problem.
    https://hotcopper.com.au/data/attachments/5635/5635732-be86649418632a145fa21adc387c5ea2.jpg

    There is a big increase, but comparing 130kt with 2500kt is misleading.

 
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