Mine to boost State coffers
Talison Lithium will inject $4 billion a year into the State’s economy once the newly-opened processing plant in Greenbushes is running at full capacity.
The announcement was made at the official opening of the Greenbushes mine’s chemical grade processing plant 2 last week.
Talison Lithium chief executive officer Lorry Mignacca said the new plant, added to the output from the mine and the Kemerton and Kwinana sites, would increase the business’ input into the State’s economy from its current $3 billion.
“Via direct and indirect jobs, it will add 12,000 jobs to the WA economy,” Mr Mignacca said.
“In terms temporary construction jobs, CGP2 resulted in 700 jobs here on-site.”
Mr Mignacca said the company was looking to bring the next expansion of another chemical grade processing plant online in the next three to four years depending on market demand.
“There’s a potential fourth plant as well, but that’s dependent on the growth in the lithium market,” he said.
“Once these plants are built and fully operational, our workforce is expected to stabilise at around 1100 people, which is pretty much double where it is today.”
CGP2 will add to the two plants already operating at the Greenbushes site to produce chemical-grade lithium concentrate and double the mine’s capacity to 1.3 million tonnes a year.
“This shale, together with the quality of the Greenbushes ore body, will ensure Greenbushes retains its position as the largest supplier and one of the lowest cost lithium sources in the world,” Mr Mignacca said.
The Greenbushes mine contributes 27 per cent of the world’s lithium supply.
“It demonstrates the significance of what’s going on here at Greenbushes in terms of the overall lithium production,” Mr Mignacca said.
Collie-Preston MLA Mick Murray congratulated Talison Lithium and its team on its current and future success.
“The opening of this plant marks yet another milestone in the ongoing development of this sector in this State,” he said.
“Despite the recent price hit, lithium producers, explorers and commentators point to a healthy, long-term demand for the commodity.
“The lithium industry is expected to become the fourth largest mineral sector in Western Australian by 2033.”
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