Dec 07, 2022 / 01:00PM GMT
Eric W. Norris - Albemarle Corporation - President of Lithium Global Business Unit
(technical difficulty)
close to 800,000 tons, we believe, by the time the year ends for 2022. And we don't see that slowing. As you look into next year, it will be probably inching closer to 250,000 to 300,000 tons, getting very close to that, if not exceeding probably that 1 million metric ton mark. So it's a pretty rapid growth and accelerating relative to what we thought maybe a few short years ago.
Questions and Answers:
Unidentified Analyst -There have been some concerns recently about EV demand growth in China perhaps moderating. What are you seeing from that perspective? What about Chinese lifting inventories looking out over the next few months here?
Eric W. Norris - Albemarle Corporation - President of Lithium Global Business Unit
So China, as many of you know, is the largest EV market in the world. It's also a market that's probably from a mix of vehicles the most diverse in that it goes from a very high end to very,