A new report by BMI Research states that based on project pipelines, Chile and Argentina will lead lithium production in coming years, with the bulk of new capacity coming online in 2019.
"We have updated our lithium production forecasts for Chile and Argentina to reflect a relatively slower-moving project pipeline due to regulatory hurdles in the former and growing exploration efforts boosting long-term output in the latter. While we have revised down Chile's lithium production growth rate slightly in 2018, we maintain a quite positive outlook for the sector and expect both countries to drive global lithium production, along with Australia, over the next decade," the document reads.
