Flexibility is the key to lithium industry future, executives say
Published: Tuesday, 09 July 2019
The flexibility to produce either lithium carbonate or lithium hydroxide will be essential, as will close co-operation with end-users, while lithium-ion battery technology develops and hydroxide overtakes carbonate as the preferred choice.
The market share taken by lithium hydroxide continues to
grow globally, and market participants expect the material to
overtake lithium carbonate as the preferred lithium compound in
lithium-ion (Li-ion) batteries within the next decade, they
said at Fastmarkets’ 11th Lithium Supply &
Markets Conference held in Santiago, Chile, in June.