Three big battery chemicals plants are set to come on line in coming months, while Germany's BASF is part of a pilot project to blend feeds used by battery makers.
Fitch forecasts Australian bauxite production growth to average 4% y-o-y in 2021, and Guinea's bauxite output to rise from 84.5mnt in 2021 to 133.8mnt in 2030.
Red Hill made the decision after it was unable to reach an agreement on further developing the project with an entity involving Aquila Resources and POSCO.