The country should be looking at more downstream and export processed material rather than just ore, the Tesla chair suggests. Last year, Australia recorded exports value of around $100 million, shipping almost half of the global lithium ore supply. If it was to refine the ore into a battery-grade product, Denholm estimates exports value “would have been more like $1.7 billion. So that’s a $1.6 billion annual opportunity and growing.”
Tesla’s battery materials spending in Australia to top $1 billion/year (kallanish.com)
The country should be looking at more downstream and export...
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