Wesfarmers to Decide on Lithium Expansion Later This Year

Core Insights - The conglomerate is considering expanding a refinery and doubling the production capacity at a lithium mine in Western Australia [1] Company Developments - The company is exploring options to enhance its refinery operations [1] - Plans are in place to increase lithium production capacity significantly [1] Industry Implications - The expansion in lithium production aligns with the growing demand for lithium in various sectors, particularly in electric vehicle batteries [1] - Doubling production capacity may position the company favorably in the competitive lithium market [1]