Lithium Valley Main Report 2018
Expanding on the methodology as set out above, a forecast of the value of nickel exports has been derived. Figure 41 outlines the forecast trend of export value ($Am).
Figure 41: WA Forecast Value of Nickel Exports 41
WA Forecast Value of Nickel Exports to 2025
7,000
2.50% CAGR 5.00% CAGR 7.50% CAGR 10.00% CAGR 12.50% CAGR Average CAGR
6,000
5,000
4,000
3,000
2,000
1,000
-
FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Source: InfraNomics
The forecast in Figure 41 applies a CAGR range on export value per tonne in addition to the increases in WA export volume. Table 18 sets out a number of key outputs from the analysis: Table 18 : WA Key forecast export value changes for Nickel Exports FY2017 FY2020 FY2025 Export value ($Am) $2,081.1 $3,195.6 - $4,225.2 $6,595.8 - $13,889.9 Export increase ($Am) – previous period n/a $1,114.6 - $2,144.1 $3,400.2 - $9,664.7 Export increase ($Am) – previous period n/a 54% - 103% 106% - 229%
Source: InfraNomics
11.4 Manganese Typically used as part of the steel production process, manganese is being seen as a critical element in the clean energy revolution. The latest technology to use manganese is the “lithiated manganese dioxide” (LMD) battery. A typical LMD battery comprises 61% manganese and only 4% lithium. LMDs have numerous benefits, including providing higher power output, thermal stability, and improved safety compared to regular lithium-ion batteries. 80
80 Palisade Research (2017), Manganese – the third electric vehicle metal no one is talking about, 24 March 2017, Mining.com, http://www.mining.com/web/manganese-the-third-electric-vehicle-metal-no-one-is-talking-about-it-heres- how-to-take-advantage/ . (Accessed: 01 May 2018)
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