Lithium is a critical element for the green energy transition.

What is lithium?

  • Silvery-white metal, best known for its use as an anode material in lithium batteries – also known as an efficient heat-transfer agent.
  • Most lithium is commercially produced from either the extraction of lithium-containing salts from underground brine reservoirs or the mining of lithium-containing rock, such as spodumene.
  • Spodumene ore is the most economically viable source of lithium and found at IberAmerican’s properties.

No lithium, no green transition…

  • The EU recognizes lithium as a critical raw material for the transition from traditional sources of energy.
Eu 2023 Benchmarks
  • Elevated pricing is delivering strong earnings/cash flow for lithium producers (funding expansions) and incentivizing greenfield projects
  • Stronger demand and a lagging supply response will yield higher-than expected lithium product prices
  • Operating margins for brine and spodumene operations are currently robust