What is the planned increase in spodumene concentrate production at Covalent Lithium's Mt Holland project, and when is the expanded output expected to begin?

Covalent Lithium has approved a final investment decision to double spodumene concentrate production at its Mt Holland lithium project from 380,000 tonnes per year to 760,000 tonnes per year, with first production from the expansion expected in the first half of 2030.

Who are the partners in Covalent Lithium, and what is Wesfarmers' estimated capital expenditure for the Mt Holland expansion?

Covalent Lithium is a joint venture between Wesfarmers Limited and Sociedad Quimica y Minera de Chile S.A. (SQM), and Wesfarmers' capital expenditure for the Mt Holland expansion is estimated between $450 million and $500 million.

Covalent Lithium to Double Spodumene Output from Mt Holland

Jul 22, 2026

Covalent Lithium approved a final investment decision to double spodumene production at Mt Holland to 760,000 tonnes annually. The $450–500 million expansion includes a new ore sorting facility, with production starting in H1 2030.

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