Australia’s Lithium Production And Profits Are Soaring ...Middle East

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Australia’s Lithium Production And Profits Are Soaring
source : OILPRICE ( Middle East ) () 29
Australia, the world’s largest producer of lithium, is taking advantage of skyrocketing demand for this critical metal. The country’s lithium production and profits have soared in recent years, and that growth is set to continue. This is one of the outtakes from a government report that Canberra issues on a quarterly basis. The latest edition noted that Australia’s earnings from lithium exports are set to expand tenfold over two years, from less than $715 million (A$1.1 billion) in 2020-2021 to almost $9 billion (A$13.8 billion)…

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