mining / capital markets
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Australian Financial Review · Australia · Talison's Greenbushes Phase III produced its first spodumene on January 30 as Tianqi's Q1 2026 profit hit 43 times its year-earlier result
Documents CGP3 first ore as the completion of a multi-year expansion that makes Greenbushes the world's largest hard-rock lithium mine. Notes that simultaneous operation of three processing plants at the Bridgetown-Greenbushes site creates logistics complexity. Analyses the supply implication: Greenbushes at full output across all three plants can supply over 20% of global spodumene concentrate demand, capping the upside for competing West African and Canadian projects targeting the same demand window.
“Greenbushes CGP3 first ore makes Talison the world's largest hard-rock lithium mine; at full three-plant output it can supply over 20% of global spodumene concentrate demand.”