Resumen de Galaxy delays Mt Cattlin spodumene shipments
IM heard last month that new production of lithium concentrate from Western Australia, where material is being brought to the market from Mt Cattlin and nearby Mt Marion, would be a key determinant of 2017 lithium contract prices.
The spodumene concentrate to be processed at the plant will be sourced from the company's Greenbushes project, which it owns through its 51% stake in Talison Lithium, alongside fellow lithium major Albemarle Corp.
Tianqi said it would aim to increase the production rate of Greenbushes in conjunction with Albemarle "to meet the growth plans of both partners". The mine has an output of 575,000 tpa lithium concentrate at peak conditions "assuming certain operating conditions are satisfied", according to Albemarle, which last month announced it was purchasing lithium processing facilities in China.
