China's lithium reserves jump to second largest globally, boosting electric vehicle and storage tech.

China's lithium reserves have surged to second-largest globally, rising from 6% to 16.5% of the world total. This increase is due to significant domestic exploration, including a major spodumene mine and lithium-rich salt lakes in Tibet and Qinghai. The country's advancements in extracting lithium from minerals like lepidolite are expected to decrease dependency on foreign supplies and support growth in electric vehicles and energy storage systems.

January 08, 2025
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