Forecasting Lithium Mine Output Using Satellite Data

Research output: Contribution to journalResearch articleContributedpeer-review

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Abstract

This article examines whether data from remote sensing satellites can be used to predict lithium mine output. We use pixel classification of land cover to measure long-term mine expansion and nightly light emissions to measure short-term operational activities. We find a strong correlation between satellite data in one period and individual lithium mine production volumes in the following period. Our rapid and cost-effective method of forecasting lithium mine production can help decision-makers in companies that rely on lithium, and policymakers seeking to ensure adequate lithium supplies in their countries.

Details

Original languageEnglish
Article number107433
JournalFinance Research Letters
Volume81
Early online date16 Apr 2025
Publication statusPublished - Jul 2025
Peer-reviewedYes

External IDs

ORCID /0000-0002-0576-7759/work/183166127
ORCID /0000-0003-4566-3986/work/183166145
Scopus 105004932144

Keywords

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