What are some of the largest lithium mines in the world?

Below are some of the largest lithium mines:

1. Jiangxi Ganfeng Lithium

Jiangxi Ganfeng Lithium, which was founded in 2000, is the world’s largest lithium mining company with a market capitalisation of $27.38bn. It brought in $767.5m in revenue in 2019.

1. Albemarle

Albemarle is a fine chemical manufacturing company based in North Carolina, US, and it operates three divisions – lithium, bromine specialties and catalysts. Founded in 1994, the firm has grown to establish itself as the second-largest lithium miner in the world with a market capitalisation of $16.73bn as well as bringing in $3.59bn in revenue in 2019.

1. Tianqi Lithium 

Tianqi Lithium, which was founded in 1995, is the third-largest lithium miner with a market capitalisation of $11.79bn. Based in Chengdu, China, the firm also raked in $748m in revenue in 2019. The company claims to hold “world-leading positions” in its major businesses of lithium resource investment, lithium concentrates extraction and the production of advanced lithium speciality compounds.

1. Sociedad Química y Minera

With a market capitalisation of $6.38bn, Sociedad Química y Minera (SQM) is the fourth-largest lithium miner in the world. Based in Santiago, Chile, the chemical company, which supplies iodine, lithium, and other industrial chemicals, brought in $1.86m in revenue in 2019.

1. Mineral Resources Limited

Mineral Resources was founded in 1993 and is the fifth-largest lithium mining company in the world with a market capitalisation of $5.66bn. It also raked in $1.16bn in revenue in 2019. The West Australian-headquartered firm’s operations include open-pit mining of iron ore and lithium, as well as lithium hydroxide processing.

The largest lithium mines span diverse geographies and employ fascinating methods. What’s one aspect of these operations that you find most impressive?

Text rights:(Murray, 2021)

Text source:Murray, J. (2021, February 18). Profiling the top five largest lithium mining companies in the world. NS Energy. https://www.nsenergybusiness.com/analysis/largest-lithium-mining-companies/