Small presence of mining majors poses risks to execution of planned lithium projects — report

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Small presence of mining majors poses risks to execution of planned lithium projects — report
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Out of 105 companies that own lithium projects, only 18 have more than one, Fitch notes. Miningnews lithium

draws from its expanded Global Lithium Operations Database

to analyze the competitive landscape of the lithium upstream supply, lithium mining investment trends and uncover the global project pipeline.Sign Up for the Battery Metals DigestThe study of the location of the lithium operations shows the clear current domination of the lithium upstream market by Latin America, specifically Chile and Argentina and Asia Pacific, specifically Australia and China.notes Northern America has plenty of potential in terms of future output.

Out of those 105 companies, only 18 have more than one lithium operation/projects, while 87 companies only own one lithium operation/project. Hence, Fitch notes, the lithium supply sector comprises a very large number of junior and exploration companies. The only large global miner developing lithium projects is Rio Tinto, which owns the now

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