Lithium exports triple to $19bn in a year

April 5th, 2023

InnovationAus, Other, 04/04/2023, Brandon How
The value of Australian lithium exports are expected to triple in real-terms this financial year, from $5.2 billion to $18.6 billion, according to the latest figures published by the Office of the Chief Economist. In the latest Resource and Energy Quarterly , the value of nickel exports a key component in lithium-ion batteries is also expected to increase by $200 million. […] CSIRO anticipates that Australia’s demand for electricity storage will increase by 10-14 fold between 2025-2050.

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