Why ASN? (or why not), page-3

Yes, the Australian fiscal year runs from July to the end of June the following year, so the mentioned $18.6 billion refers to the fiscal year 2022-2023.As for the projected decrease to $13 billion in 2026, it's important to note that these are estimates made by the Department of Industry, Science, Energy and Resources (DISR). These estimates are based on a variety of factors, including projected global demand, expected supply, market prices, and other economic indicators. The lithium industry, as with many industries dealing with critical materials for emerging technologies, is subject to rapid changes and volatility.

Uncertainties in these projections could come from various sources such as changes in technology, shifts in the global economy, policy changes, environmental considerations, and more. Hence, while these projections provide a useful framework for understanding potential future trends, they are not set in stone and can change as new information and data become available.

Therefore, while it might seem counterintuitive to see a projected decrease in the face of a booming lithium industry, it's possible that the DISR is factoring in potential market adjustments, increased competition, changes in demand and supply, or other factors that could potentially lead to a decrease in export value.

It's also worth noting that these projections are not necessarily a reflection on the companies operating in the industry, such as Anson Resources. Individual companies may outperform or underperform these projections based on their own operations, capabilities, and market strategies.



https://www.industry.gov.au/news/resources-and-energy-exports-projected-earn-more-2-trillion-australia-over-next-6-years