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10 Jun
00:15

Nationalisation trend threatens Chinese firms in the lithium triangle

At present, lithium batteries are an important downstream demand for lithium resources, accounting for about 87% of the total downstream applications, according to the United States Geological Survey (USGS)’s mineral report published in January 2024. China is the world’s leading lithium-ion battery producer and consumer, and a major exporter. However, the country’s lithium resources are limited, accounting for about 6.48% of global resources, the…
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