Lithium Demand Is Strong, Tawana Resources MD Says

Lithium Demand Is Strong, Tawana Resources MD Says

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Business

University

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The video discusses the benefits of a WA product with low iron, potassium, and sodium, making it cost-effective for converters. The market demand is strong, with new conversion plants being built, although there are concerns about short-term oversupply. The industry is focused on long-term contracts, and serious players are not worried about short-term price fluctuations. The future market outlook is positive, with a steady increase in supply and demand expected. The company plans to expand production of lithium concentrate, with the potential to double output with minimal capital investment.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the outlook for lithium supply and demand over the next few years.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies are being considered to expand lithium production?

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