AVZ 0.00% 78.0¢ avz minerals limited

Running Commentary on the SP Movements., page-12730

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    Just to add re China production and brine deposits output,

    Salt lake lithium brine production in China is very limiting. The industry currently has an annual output of 10,000 tonnes of lithium carbonate and hydroxide. The lithium brine is mainly sourced from Qinghai Lithium Co, Ltd., Qinghai CITIC Guoan Co, Ltd., and Lanke Lithium Industry Co, Ltd. Although the production capacity in recent years has increased significantly compared to previous years, however when comparing to foreign companies such as the Chilean company SQM, American company FMC, these companies produce up to 100,000 tonnes of lithium from brines.
    The lithium companies; Rong Jie Co Ltd, Zhonghe Co Ltd, Western Resources Co Ltd in 2014 did not produce any lithium due to rehabilitation, renovation, expansions and other reasons. In addition the other domestic lithium producers reduced their spodumene concentrate production. According to statistics, in the year 2015, China produced approximately 25,000 tonnes and imported 36,000 tonnes of spodumene concentrate.


    Bolivia had hoped its project Salar De Uyuni, the world’s largest salt flat, would produce 40 tonnes per month of lithium carbonate by 2011. Nine years and $450 million into the project, it is producing just 10 tonnes per month.

    https://www.reuters.com/article/us-...power-up-lagging-lithium-output-idUSKBN1EL1JB
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