Australian Chemical industry is not a huge one, but it has been influential in its own fashionably small way. The Chemical technology of the nation has not seen major breakthroughs but is on its way to see some of the biggest ones in the near future.
Chinese firm Tianqi Lithium has begun production of lithium hydroxide at its Western Australian plant this week, it said, as it flagged a delay to a second phase expansion amid a downdraft in prices for the battery chemical. The plant in Kwinana, south of Perth, which is slated to be the world’s largest lithium hydroxide plant outside of China, will produce 48,000 tonnes per year of the battery grade chemical essential to the battery market gloablly once its second stage ramp-up is complete. “All of our focus for the coming months is on getting Stage 1 into steady production and all resources have been channelled toward this,” said General Manager Phil Thick in a statement on Tuesday. Miners in Australia, account for roughly half of the world’s mined lithium supply, have stated that they see little respite from the difficult market conditions through year-end. Tianqi sources its raw material from the state’s Greenbushes lithium mine, run by Talison Lithium — a joint venture between it and Albemarle Corp of the United States.
Lithium market will be taken by storm by this new announcement and the chemical technology might also get an uproar in the process. The processing of lithium to produce more efficient batteries can make all the difference by the use of special chemical technology research which some firm from Australia might be eyeing