Lithium Develop Local Refining Capacity:
Australia can invest in domestic lithium hydroxide refineries and cathode factories, moving beyond just exporting spodumene (the initial lithium-rich concentrate). Attract Investment:
Government and industry can work together to attract significant investment in lithium processing and value-adding activities, potentially through initiatives like state agreements or tax incentives says the Australian
Mining and Exploration Company. Promote Innovation:
Australia should encourage research and development in areas like advanced battery technologies and new extraction methods, ensuring it stays at the forefront of innovation in the lithium sector says ANSTO.
