Source: Geology.com
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General Enquiries: 1800 800 173
Switchboard: +61 2 6249 9111
Earthquake information: 1800 655 739
Media Hotline: 1800 882 035
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General Enquiries: clientservices@ga.gov.au
Media: media@ga.gov.au
To email staff, use the following template: firstname.lastname@ga.gov.au
Source: Geology.com
The Greenbushes pegmatite, operated by Talison Lithium (acquired by Tianqi Group [CH:002466]), is in the southwest region of Australia and is the country’s largest lithium deposit. Greenbushes has been mined for tantalum and lithium. The mineable pegmatite zone extends about 2 kilometres in length and total mineral resources have been estimated at 120.6Mt with an average grade of 1.3% Li. Other lithium pegmatite deposits include the Mount Cattlin deposit (Galaxy Resources), 200 kilometres east of Greenbushes, with estimated lithium resources of 17.2Mt at 0.49% Li; and the Mount Marion lithium project, which is located ~40 kilometres southwest of Kalgoorlie in Western Australia (jointly owned by Reed Resources [ASX:RDR] and Mineral Resources Ltd. [ASX:MIN]).
Australia’s
most recent Resources and Energy Quarterly report indicates that
resource and energy
exports
will hit $250 billion in 2018/2019, though those numbers will likely
simmer to $238 billion by 2019/2020. The drop off is expected based
on predictions of lower consumption and rising production. The report
says exports of spodumene
ore,
the precursor material for lithium, have risen from around $117
million in 2012 to $780 million in 2017, and are expected to rise to
around $1.1 billion by 2020, and points out even greater value could
be unlocked if Australia progresses in refining these ores into more
valuable forms of lithium.
The Greenbushes pegmatite, operated by Talison Lithium (acquired by Tianqi Group [CH:002466]), is in the southwest region of Australia and is the country’s largest lithium deposit. Greenbushes has been mined for tantalum and lithium. The mineable pegmatite zone extends about 2 kilometres in length and total mineral resources have been estimated at 120.6Mt with an average grade of 1.3% Li. Other lithium pegmatite deposits include the Mount Cattlin deposit (Galaxy Resources), 200 kilometres east of Greenbushes, with estimated lithium resources of 17.2Mt at 0.49% Li; and the Mount Marion lithium project, which is located ~40 kilometres southwest of Kalgoorlie in Western Australia (jointly owned by Reed Resources [ASX:RDR] and Mineral Resources Ltd. [ASX:MIN]).
- LITHEX RESOURCES LIMITED’s (LTX)
- Macarthur Minerals Ltd (MMS:CN)
- Marindi Metal Limited (BMY:AU)
- Poseidon Nickel Limited (ASX:POS)
- Talison Lithium (Tianqi Lithium Corporation-51%, Abemarle-49%)
