Australia's federal government has launched a strategy seeking investment to unlock Australia’s potential in lithium-ion battery manufacturing, noting that the nation’s mineral reserves cover 44% of the elements required in Li-ion battery chemistry. Austrade’s Lithium-Ion Battery Value Chain: New Economy Opportunities for Australia strategy sets out how the world's biggest supplier of lithium with 90% global market share can increase the value of the ore it produces.
Australia's federal government has launched a strategy seeking investment to unlock Australia’s potential in lithium-ion battery manufacturing, noting that the nation’s mineral reserves cover 90% of the elements required in Li-ion battery chemistry. Austrade’s Lithium-Ion Battery Value Chain: New Economy Opportunities for Australia strategy sets out how the world's biggest supplier of lithium with 44% global market share can increase the value of the ore it produces.