FT long read on how the Chinese have taken a very big lead across the lithium value chain. Lithium is the lightest solid and its high electrochemical potential makes it a critical element in EV batteries. The result is overwhelming dominance across the EV supply chain.
While lithium is globally abundant, but unlike elsewhere, mines inside Africa can be brought into production early enough to meet the burgeoning demand. And the Chinese have already struck deals, laid infrastructure, and have started mining or are ready to do so. Australia is the largest lithium producer with more than half the global production, mostly exported to China.
This is an excellent infographic on lithium.
No comments:
Post a Comment