Electric cars are driving rapid mining investment in WA, with the state supplying most of the lithium needed to manufacture batteries worldwide.
A boom in electric cars, such as this Tesla, has driven a boom in lithium mining. |
Most electric vehicles (EVs) use lithium-ion batteries, the same technology which powers smartphones, tablets and laptops.
As car makers around the globe race to meet new EV targets, demand for batteries has driven lithium exports from WA as the state now produces more than half of the world's supply.
Global leaders have been behind the push, with new European emissions legislation forcing car markers to increase their targets and France recently announcing it wanted to end the sale of petrol and diesel cars by 2040.
It joins similar targets set by India (2030) and Norway (2025).
Read the ABC News story by Kathryn Diss - “Car industry revolution fuels Western Australia's lithium boom.”
No comments:
Post a Comment