Mined #lithium output from Africa is set to increase threefold...

Mined #lithium output from Africa is set to increase threefold in 2024 compared to last year, as assessed by Benchmark’s latest Lithium Forecast.

In 2023, the region accounted for just 4% of mined lithium globally.

This year it is forecast to account for 10% of global supply.

This rapid growth will be the largest proportional increase in mined lithium supply of any region this year.

The vast majority of the region’s lithium output is associated with Chinese companies. Benchmark Source shares analysis and data visualisation below

https://x.com/benchmarkmin/status/1782323458061299765