{"id":30535,"date":"2023-02-28T13:41:07","date_gmt":"2023-02-28T13:41:07","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?post_type=ebook&p=30535"},"modified":"2024-02-21T14:32:32","modified_gmt":"2024-02-21T14:32:32","slug":"australias-role-global-lithium-supply-chain","status":"publish","type":"ebook","link":"https:\/\/www.innovationnewsnetwork.com\/ebook\/australias-role-global-lithium-supply-chain\/","title":{"rendered":"Australia\u2019s role in the global lithium supply chain"},"content":{"rendered":"
As batteries continue to gain worldwide importance due to their crucial role in the transition to green energy, this new clean era is ushering in the opportunity for countries to capitalise on their natural resources. With abundant reserves of many battery metals, including lithium, silicon, and rare earths, Australia has the potential to become a leader in the battery industry<\/a>. Over the next three decades, however, demand for low-emissions technologies is expected to drastically increase, leading to an increased demand for critical minerals. To keep up with this rising demand, Australia must continue to build secure and competitive critical mineral and lithium supply chains.<\/p>\n This eBook, featuring insightful discussion from key experts and players in the critical minerals sector, will highlight Australia\u2019s competitive advantage<\/a> in the global lithium supply chain, and outline the key next steps in how the country will cement itself as a critical minerals giant on the world\u2019s stage.<\/p>\n Lithium is one of the most coveted battery metals, namely due to its use in lithium-ion batteries used in electric vehicles. Already producing almost half of the world\u2019s lithium, Australia can leverage its advantageous position in the global lithium supply chain to create new opportunities for its citizens and create renewable technologies to help achieve both its own net zero targets and those around the globe.<\/p>\n Amongst those aiming to help Australia with this endeavour is Lithium Power International<\/a>, which has lithium exploration projects<\/a> across Australia\u2019s most sought-after regions. In this eBook, LPI outlines how value adding is rising in importance for the company and other lithium exploration companies operating in Australia.<\/p>\n Also focusing on Australia\u2019s dominance of the world\u2019s lithium production are Associate Professor Carl Spandler and Dr Jarred Lloyd of the University of Adelaide<\/a>. In this eBook, they explore how Australia\u2019s industry can keep up with the rising global demand for the commodity.<\/p>\n Building on this, Olimpia Pilch, Strategic Officer at the Critical Minerals Association Australia<\/a>, further outlines the essential steps that Australia must take to realise its potential as a lithium-producing superpower. Elsewhere, the Critical Minerals Consortium<\/a> captures the importance of the downstream stages of the global lithium supply chain.<\/p>\n With Australia\u2019s natural abundance of a variety of battery metals, it is important that exploration for renewable critical minerals grows to support the clean energy sector. Australian-based Queensland Pacific Metals<\/a> is pushing for sustainable battery production and aims to do this by re-energising the nickel industry. Nickel has fast become a vital component of lithium-ion batteries, and the metal\u2019s use in electric vehicle batteries is expected to soon be its second largest end-use market.<\/p>\nAustralia can grow into a lithium-producing superpower<\/h3>\n
The importance of other battery metals for lithium-ion battery production<\/h3>\n