While lithium prices remain under pressure in 2025, projects such as Wildcat Resources’ Tabba Tabba project could be primed to benefit from a market rebound.
Located in Western Australia, Tabba Tabba boasts a maiden mineral resource estimate (MRE) of 74.1 million tonnes at one per cent lithium oxide, with an impressive 94 per cent of the resource falling under the indicated category.
Backed by more than 114,000m of drilling, the project has quickly emerged as one of Australia’s largest undeveloped lithium resources.
This comes at a time when BMI forecasts lithium carbonate and hydroxide prices to average $US9500 per tonne and $US9000 per tonne respectively in 2025.
However, the long-term outlook offers cause for optimism, with rising electric vehicle (EV) adoption expected to drive global lithium demand up by 14 per cent year-on-year in 2025.
BMI said still-elevated demand for lithium chemicals for use in EV batteries and energy storage systems is expected to support lithium prices in 2025.
Wildcat is well placed to seize this opportunity. At Tabba Tabba, the company has identified a 3.5km-long lithium–caesium–tantalum pegmatite field comprising at least six significant pegmatite bodies – Leia, Luke, Chewy, Tabba Tabba, Han and The Hutt – each with promising resource potential.
The quality and scale of Tabba Tabba aligns with Australia’s dominant position in global lithium supply.
According to BMI, Australia expects to continue to be a top producer, benefiting from a robust project pipeline and increasing appetite for refining capacity closer to the source of extraction.
Should prices recover as expected from 2026 onwards, Wildcat’s advanced resource and strategic location could prove pivotal.
In a lithium market set for consolidation and future growth, Tabba Tabba is not just a resource, it could be a timely advantage.
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