SOLAR powered batteries will be as successful as the iPhone and Viagra, according to Perth-based lithium miner Neometals.
Managing director Chris Reed said WA – including this company’s MT Marion lithium project, 40km southwest of Kalgoorlie – will play a “big part” in meeting the demand of the metal.
Energy storage firm Tesla’s Powerwall – which stores electricity generated by solar panels – recorded $800 Million in its first week of sales in the US last month.
Mt Marion, which is a joint venture between Neometals and Mineral Resources, has been ranked the third highest undeveloped hard-rock lithium project in the world.
WA was the world’s largest exporter of lithium in 2014, exporting more than 400,000 tonnes of mineral concentrates containing 68,000 tonnes of lithium carbonate equivalent (I.C.E)