“In his recent State Budget, WA Treasurer Ben Wyatt projected lithium royalties would grow from $89 million this financial year, before another $333 million flows to the State between next year and 2022.”
https://thewest.com.au/business/gst/was-lithium-gst-to-boost-share-in-east-ng-b88853745z
I have a feeling that WA’s economy is about to make a giant leap forward.
The most pressing issue the state has is it’s failing electricity system.
To get WA back on track, it needs to fix it.
A tsunami of lithium royalties should go a long way toward a much needed power transition.
CCE is in the right position at the right time to be a part of that transition.
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