Lithium Demand Is Strong, Tawana Resources MD Says

The video discusses the benefits of a WA product with low iron, potassium, and sodium, making it cost-effective for converters. The market demand is strong, with new conversion plants being built, although there are concerns about short-term oversupply. The industry is focused on long-term contracts, and serious players are not worried about short-term price fluctuations. The future market outlook is positive, with a steady increase in supply and demand expected. The company plans to expand production of lithium concentrate, with the potential to double output with minimal capital investment.

Discuss the outlook for lithium supply and demand over the next few years.

What strategies are being considered to expand lithium production?