US Carmakers Passing Up Lithium From Australia’s First Refinery

  • CEO says plant should comply with law despite China ownership
  • Asian and EU battery makers first in line for crucial material
The Tianqi Lithium processing facility in Kwinana, Western Australia.Photographer: Carla Gottgens/Bloomberg
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The head of Australia’s first lithium hydroxide refinery says it’s attracted little attention from US carmakers seeking to buy the metal that’s crucial to the world’s renewable energy revolution.

That’s despite Tianqi Lithium Energy Australia’s plant being one of the few in the world producing lithium expected to be compliant with President Joe Biden’s new laws designed to break China’s stranglehold on the global battery supply chain.