ANALYSIS: Wave of consolidation in lithium supply chain will continue
Published: Friday, 14 December 2018
Tianqi’s recent purchase of a stake in SQM is the latest in a series of deals showing how participants at different stages of the supply chain are opting to strengthen their position through vertical partnerships. Meanwhile, consumers are keen to lock in feedstock supply through offtake agreements.
By Vicky Zhao, William Adams
The global lithium industry is growing rapidly, but at the
same time competition is consolidating, with horizontal
partnerships being formed between producers and integrating
with the vertical partnerships being agreed between upstream
miners and downstream original equipment manufacturers (OEMs).
This is all happening as the...