Lithium carbonate is a lithium compound used in a range of industrial, technical and medical applications. As Rockwood Lithium notes, it is often “the first chemical in the production chain,” with other compounds such as lithium hydroxide being produced with subsequent steps if needed.
For this reason, investors will often see lithium production numbers broken down in terms of lithium carbonate equivalent. As with other lithium products, lithium carbonate may be produced from brines or from hard-rock deposits, although a few companies are also looking to develop clay-based lithium deposits.
For more information on lithium carbonate, see our overview of the mineral – What Is Lithium Carbonate?