Western Australia is preparing to take a bigger slice of the booming global battery market, forecast to grow to $150 billion by 2030, as it moves beyond mining lithium and nickel into chemical processing. Three big battery chemicals plants are set to come on line in coming months, while Germany’s BASF is part of a pilot project with a state government research body to build a precursor chemical plant to blend the feeds used by battery makers. As investors and electric vehicle makers look for supply chains away from dominant producer China, Australia believes it can compete on price and is banking on what it says are its solid credentials in responsible production.
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