The Association of Mining and Exploration Companies urges WA to play a leading role in lithium value-added potential

A key mining lobby has called on state and federal governments to take a leading role in securing Western Australia's stake in the global electric vehicle revolution.

Mining and exploration companies association says, western Australia for two years of time to catch The battery Mineral processing unique opportunity, it was assumed that could be worth $2 trillion by 2025.

Lithium and other commodities such as cobalt, nickel and graphite is electric power Lithium ion batteries The main ingredient.

Although western Australia with a big battery mineral reserves, AMEC believes that its ability beyond mining and processing, in order to obtain the battery level the higher price of products such as lithium hydroxide.

The association will issue a report today, record the government took a lot of advice to seize the opportunity.

It calls for the government to places such as Kwinana appointed battery precincts, consider important projects for national agreement, and to assess whether fiscal stimulus measures are needed to attract international companies to invest in local.

Should invite international battery manufacturers to visit Washington, D.C., governments should send trade delegation to China, South Korea and Japan, in order to promote and attract investment of western Australia.

Secretary of state and a department should be directly responsible for promoting the move. More research also need to use this opportunity.

AMEC chief executive warren Pierce says, this report introduces the Australia needs to be done, in order to further reduce the value chain.

He said: "there must be a willingness to clear the location of the planning and coordinating the battery industry, and consciously trying to attract international companies to set up in Australia."

Will in the next eight years, the report said Australia from the downstream of the battery in the mineral processing $10 billion in revenues, but government and industry cooperation can bring the value of $297 billion.

Although 89% of the world's global electrochemical machining done in China, but the report says Australia in terms of cost and quality has a unique competitive advantage.

The report found that Washington's hard rock lithium resources more easily than the lithium salt water in South America into lithium hydroxide, and process automation means the industry will not rely heavily on low Labor costs, Australia and China compared with preferential tariffs.

However. Behind the report pointed out that the downstream processing of electrochemical technology are protected by patents, and are well protected, so need to attract knowledge of the company.

The report will be in Perth a two-day meeting in Latin America, Pierce to west Australian parliament's economic and industrial commission to investigate the micro grid.

The next news this week is Talison Lithium are eager to expand Green bushes ore in the southwest, part of the purpose is for joint venture partners Li Ye days in China and the United States Albemarle companies in Kwinana Kemerton and development of downstream processing plants to provide supplies.

Kwinana a plant this month has been identified as a new lithium plant preferred location, the factory may as Chile chemicals giant SQM and Kidman Resources joint venture operations.

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