Forecasting Lithium Mine Output Using Satellite Data
Research output: Contribution to journal › Research article › Contributed › peer-review
Contributors
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 language | English |
---|---|
Article number | 107433 |
Journal | Finance Research Letters |
Volume | 81 |
Early online date | 16 Apr 2025 |
Publication status | Published - Jul 2025 |
Peer-reviewed | Yes |
External IDs
ORCID | /0000-0002-0576-7759/work/183166127 |
---|---|
ORCID | /0000-0003-4566-3986/work/183166145 |
Scopus | 105004932144 |