Investor Presentaiton
Maintaining Strategy to Deliver Volumetric Growth
350
MinRes Share
■Potential Tolling
300
Expected Lithium Sales Volumes¹
(kt LCE)
■Technical Grade Spodumene
Lithium Carbonate
250
■Lithium Hydroxide
200
150
119 kt
100
50
50
Expected 2024 volume
+10-20% Y/Y
160 kt
+/-
+/-
+/-
+/-
2022
2023
2024E
2025E
2026E
2027E
Volumetric growth with ~20% CAGR 2022-2027E
Assumes ~2 years to ramp a
new conversion plant
Includes expansions at Silver
Peak, La Negra, Kemerton I/II,
Qinzhou, and Meishan
Technical-grade spodumene
sales of 0-10 ktpa LCE included
Flexible tolling volumes from 0-
70 ktpa as bridge to further
conversion expansions and
based on market economics
1 All figures shown on attributable basis in LCE, reflecting revised JV structure of Wodgina which excludes marketing post-2023, 50% ownership of Wodgina, 100% ownership of Kemerton, excludes specialty products.
Albemarle
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