LITHIUM CONF: Flexibility is key for lithium industry, executives say

By IM Staff
Published: Thursday, 13 June 2019

The flexibility to either produce lithium carbonate or hydroxide is essential to surviving in the lithium industry in the coming years, market participants said at Fastmarkets’ 11th Lithium Supply and Markets Conference in Santiago, Chile, on Tuesday June 11.

With lithium hydroxide continuing to grow in market share globally, participants expect the material to overtake lithium carbonate as the preferred choice of lithium compound used in lithium-ion (li-ion) batteries within the next decade. 

Lithium carbonate, however, is still expected to have strong demand as it is currently the most...