Thank you for your reply.
Good to know demand for lithium hydroxide is increasing , should bode well for JV partners within EU or China for a lithium hydroxide plant with AVZ ownership.
Another aspect of lithium-demand forecasts that has not yet achieved market consensus is the split between lithium hydroxide and carbonate. Again, utilizing our bottom-up forecasting, BNEF projects that increasing adoption of higher-nickel cathode chemistries, particularly in passenger EV batteries, will drive demand for lithium hydroxide faster than carbonate. By 2030, demand for battery-grade lithium hydroxide will likely reach nearly 1.4 million metric tons LCE, while carbonate demand will reach 218,000 metric tons LCE in 2030. See Figure 2.
