China’s efforts to ramp up lithium extraction could see it accounting for nearly a third of the world’s supply by the middle of the decade - UBS EV criticalminerals supplychains China Africa
China’s efforts to ramp up lithium extraction could see it accounting for nearly a third of the world’s supply by the middle of the decade, according to UBS.
The bank expects Chinese-controlled mines, including projects in Africa, to raise output to 705 000 t by 2025, from 194 000 t in 2022. That would lift China’s share of the mineral critical to electric-vehicle batteries to 32% of global supply, from 24% last year, according to a note on Friday.The race to secure lithium is playing out at the highest levels, with nations including the US prioritising access to the materials necessary for making batteries as the world turns away from fossil fuels.
The rise in Chinese output will include an increase in material derived from lepidolite, a lithium-bearing rock often overlooked as poor quality and environmentally unsound because of its low yield and high energy costs. UBS sees lepidolite in China accounting for 280 000 t of lithium in 2025, or 13% of global supply, from 88 000 t last year, as the government continues to support the sector.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Ontario's 2025 accessibility goals 'impossible' without urgent actionScathing report asserts the government has failed the roughly 2.9 million Ontarians with a disability — more than one-fifth its population
Lire la suite »
Ontario's 2025 accessibility goals 'impossible' without urgent action, report findsThe report examined the implementation of the Accessibility for Ontarians with Disabilities Act and said a lack of basic leadership, accountability and data will make meeting the 2025 target 'difficult, if not impossible to achieve'
Lire la suite »
Third anniversary of COVID-19 pandemicInfectious disease specialist Lisa Barrett speaks about the status of COVID-19 and the research that still needs to be done.
Lire la suite »
Ottawa Public Health marks third anniversary of COVID-19 pandemic declarationOttawa Public Health took to Twitter Saturday to mark the third anniversary of the official pandemic declaration by the World Health Organization.
Lire la suite »
Third teen charged in social media threats against Peel Region schoolsA third teen has been charged after threats were made towards a number of Peel Region schools last week.
Lire la suite »
COVID-19: OPH marks third anniversary of pandemic declarationOttawa Public Health took to Twitter Saturday to mark the third anniversary of the official pandemic declaration by the World Health Organization.
Lire la suite »