Covalent Lithium, an Affiliate of SQM, Achieves First Battery-Grade Lithium Hydroxide Production at Kwinana Refinery
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Covalent Lithium, an affiliate of SQM, has produced its first battery-grade lithium hydroxide at the Kwinana refinery in Western Australia. This milestone supports its integrated mine-to-refinery operation aimed at supplying the electric vehicle industry. The refinery is set to produce batteries for about one million electric vehicles annually and plans to ramp up production to its 50,000 tonnes per annum capacity over the next 18 months. The plant's construction was completed within the cost guidance provided by shareholders in early 2023.
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