Jul 22, 2026 – 10.11amWesfarmers and its Chilean joint venture partner have placed a $1.4 billion bet on a sustained rebound in the lithium market, pulling the trigger on an expansion of their mine in Western Australia.The WA conglomerate and Sociedad Química y Minera de Chile will each contribute as much as $715 million to double production at their Mount Holland operations to 760,000 tonnes of lithium per year.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Wesfarmers backs $1.4b lithium mine expansion after price rally
The West Australian conglomerate will double production from its Mount Holland mine, but the additional lithium will not be processed at the Covalent refinery.
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