SQM ‘will retain its lithium market share’ - Jimenez

• Autores: Martim Facada
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 602, 2018 (Ejemplar dedicado a: Mayo - Junio)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • SQM is confident it will retain 25% market share, with plans for rapid growth yet its new project timescales are uncertain.

    SQM plans to keep its 25% share of the global lithium market, senior commercial vice president Daniel Jimenez told delegates at Industrial Minerals’ and Metal Bulletin’s inaugural Battery Materials conference in Shanghai on Wednesday April 18.

    The Chilean producer is confident it will not lose market share even while supply grows to meet mounting demand from car manufacturers for electric vehicles (EVs).

    Growing demand from the lithium-ion battery sector has led SQM to plan for rapid growth, with targeted lithium carbonate capacity of 70,000 tonnes per year by 2018 and 100,000 tpy by 2019, up from 48,000 tpy currently.

    Hydroxide capacity, meanwhile, will rise to 13,500 tpy this year, from 6,000 tpy at present.