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Lithium: 2019 Industrial Minerals Review

Lithium is mainly extracted from minerals in igneous rocks such as pegmatites (mainly spodumene), clay minerals (mainly hectorite) and from naturally enriched brines hosted within salars (salt lakes) in hyper-arid regions. Lithium produced from brine sources during 2019 accounted for about 50 percent of global lithium production — the remaining half being produced from hard-rock sources, mostly spodumene. 2019 saw several junior developments halted as well as established miners’ expansion plans postponed, mostly due to lower lithium prices and an oversupply scenario. Mining Engineering Magazine spoke with SRK Lithium Project Specialist, Pablo Cortegoso, about the lithium market trends in 2019 and what to expect for the upcoming year. 

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