2024 Energy Metals Industry Report Compilation (Download Available)

Australia’s lithium mines and South America’s salt lakes provide the primary resource growth. Australia’s lithium mines: Australia boasts superior lithium resource endowments, with total lithium resources of 38.8 million tons and proven reserves of 21.98 million tons. It hosts four mature, operational mines (Greenbushes, Pilgangoora, Marion, and Cattlin), two restarted mines (Wodgina and Ngungaju), and four greenfield projects (Finniss—already in production; Bald Hill, Holland, and Kathleen Valley—under construction). These large-scale, operational lithium mining projects feature globally leading resource volumes and grades. Favorable resource quality, a supportive development environment, and relatively mature mining technologies have long positioned Australian lithium mines as the world’s primary lithium supply source—accounting for approximately 47% of global output in 2022. High-grade salt lake projects are concentrated in Argentina, Chile, and Bolivia in South America, predominantly carbonate-type deposits characterized by high lithium-ion concentration and low magnesium-to-lithium ratios. These allow direct precipitation of crude lithium carbonate. The conventional precipitation-based lithium extraction process is mature, reliable, and cost-efficient. Representative operational projects include Atacama in Chile and Olaroz in Argentina. SQM and ALB hold mining rights to the world’s largest salt lake, Atacama. Atacama-SQM currently has an annual capacity of 120,000 tons LCE (lithium carbonate equivalent) and 21,500 tons LiOH; it is expected to reach 180,000 tons LCE and 30,000 tons LiOH by end-2023. Atacama-ALB currently produces 44,000 tons LCE annually, with an additional 40,000 tons LCE added in H2 2022. Domestic lithium resources | Overseas resources increasingly difficult to access—domestic resource holders gain competitive advantage Overseas countries are tightening mineral rights policies, intensifying global competition for lithium resources. Amid persistently tight supply-demand dynamics, the strategic importance of domestic resources is growing. Companies that have proactively secured high-quality domestic lithium resources thus stand to gain significant upstream raw material cost advantages. Looking ahead, incremental lithium supply from China’s spodumene and lepidolite deposits—as well as its salt lake resources—cannot be overlooked. Particular attention should be paid to the development progress of lepidolite resources in Jiangxi Province and salt lake lithium resources in Qinghai and Tibet Provinces, as well as enterprises holding such resources. Midstream lithium chemicals segment | Leading Chinese producers continue expanding capacity In terms of lithium chemical production capacity, Ganfeng Lithium and Tianqi Lithium rank third and fourth globally, respectively. In 2021, their shares of the global refined lithium market were 12% and 7%, respectively. Ganfeng Lithium currently operates 43,000 tons/year of lithium carbonate and 81,000 tons/year of lithium hydroxide. Its under-construction projects include Phase I of the Cauchari-Olaroz salt lake project in Argentina (40,000 tons/year lithium carbonate), Phase I of the Sonora lithium clay project (50,000 tons/year lithium hydroxide), and Phase I of its lithium battery new energy materials project (25,000 tons/year lithium hydroxide). The company aims to achieve an annual LCE capacity of 300,000 tons by 2025. Tianqi Lithium currently operates 34,500 tons/year of lithium carbonate and 29,000 tons/year of lithium hydroxide. Its Kwinana plant in Australia is designed for 48,000 tons/year lithium hydroxide; Phase I (24,000 tons/year) has been completed and awaits ramp-up. Its Suining Anju project (20,000 tons/year battery-grade lithium carbonate) is under construction and scheduled for commissioning in H2 2023, further expanding the company’s battery-grade lithium salt production capacity.

China’s Lithium Aluminum Silicate (LAS) Market Development Prospects and Investment Strategy Analysis Report, 2026–2032

2.3.1 China’s Lithium Aluminum Silicate (LAS) Capacity, Output, Capacity Utilization Rate, and Development Trends (2022–2032) 2.3.2 China’s Lithium Aluminum Silicate (LAS) Output, Market Demand Volume, and Development Trends (2022–2032) 2.4 Global Lithium Aluminum Silicate (LAS) Sales Volume and Revenue 2.4.1 Global Market Lithium Aluminum Silicate (LAS) Revenue (2022–2032) 2.4.2 Global Market Lithium Aluminum Silicate (LAS) Sales Volume (2022–2032) 2.4.3 Global Market Lithium Aluminum Silicate (LAS) Price Trends (2022–2032) 3 Regional Analysis of Global Lithium Aluminum Silicate (LAS) 3.1 Market Size Analysis of Major Global Regions for Lithium Aluminum Silicate (LAS): 2022 vs. 2026 vs. 2032 3.1.1 Revenue and Market Share of Lithium Aluminum Silicate (LAS) in Major Global Regions (2022–2026) 3.1.2 Revenue Forecast for Lithium Aluminum Silicate (LAS) in Major Global Regions (2026–2032) 3.2 Sales Volume Analysis of Lithium Aluminum Silicate (LAS) in Major Global Regions: 2022 vs. 2026 vs. 2032 3.2.1 Sales Volume and Market Share of Lithium Aluminum Silicate (LAS) in Major Global Regions (2022–2026) 3.2.2 Sales Volume and Market Share Forecast for Lithium Aluminum Silicate (LAS) in Major Global Regions (2026–2032) 3.3 North American Market: Lithium Aluminum Silicate (LAS) Sales Volume, Revenue, and Growth Rate (2022–2032) 3.4 European Market: Lithium Aluminum Silicate (LAS) Sales Volume, Revenue, and Growth Rate (2022–2032) 3.5 Chinese Market: Lithium Aluminum Silicate (LAS) Sales Volume, Revenue, and Growth Rate (2022–2032) 3.6 Japanese Market: Lithium Aluminum Silicate (LAS) Sales Volume, Revenue, and Growth Rate (2022–2032) 3.7 Southeast Asian Market: Lithium Aluminum Silicate (LAS) Sales Volume, Revenue, and Growth Rate (2022–2032) 3.8 Indian Market: Lithium Aluminum Silicate (LAS) Sales Volume, Revenue, and Growth Rate (2022–2032) 4 Market Share Analysis of Key Global and Chinese Manufacturers 4.1 Global Market Share of Lithium Aluminum Silicate (LAS) Production Capacity by Key Manufacturers 4.2 Global Market Sales Volume of Lithium Aluminum Silicate (LAS) by Key Manufacturers (2022–2026) 4.2.1 Global Market Sales Volume of Lithium Aluminum Silicate (LAS) by Key Manufacturers (2022–2026) 4.2.2 Global Market Revenue of Lithium Aluminum Silicate (LAS) by Key Manufacturers (2022–2026) 4.2.3 Global Market Sales Price of Lithium Aluminum Silicate (LAS) by Key Manufacturers (2022–2026) 4.2.4 Global Top Lithium Aluminum Silicate (LAS) Producers by Revenue in 2026 4.3 Chinese Market Sales Volume of Lithium Aluminum Silicate (LAS) by Key Manufacturers (2022–2026) 4.3.1 Chinese Market Sales Volume of Lithium Aluminum Silicate (LAS) by Key Manufacturers (2022–2026) 4.3.2 Chinese Market Revenue of Lithium Aluminum Silicate (LAS) by Key Manufacturers (2022–2026) 4.3.3 Top Lithium Aluminum Silicate (LAS) Producers in China by Revenue in 2026

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