Australia must grab $2tr downstream lithium opportunity with both hands

Australia has the opportunity to expand its lithium value chain by an estimated $2-trillion in the next two years, a report revealed on Tuesday. In the Future Smart Strategies' report, titled 'A lithium industry in Australia: A value chain analysis for downstreaming Australia's lithium resources', released by the Association of Mining and Exploration Companies (Amec), it was highlighted that batteries of smartphones and electrical vehicles represented the greatest opportunities to the country's lithium miners.