China Consumes over 40% of Global Lithium, Aiming at Resources in South America

Published: Dec 4, 2017 09:59

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From Japanese media, Chinese enterprises are speeding up with purchasing lithium resources.

SHANGHAI, Dec.4 (SMM)－From Japanese media, Chinese enterprises are speeding up with purchasing lithium resources, because the world’s largest auto market has introduced policy to transform gasoline car to electric cars. All enterprises need to ensure raw materials supply for core components of blade electric vehicles. Under this influence, lithium price has risen to the historic high level. Energy giants from UK, Australia and Japan are also obtain lithium resources. Global competition for lithium resources will be more and more intensified.

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Lithium electric vehicle

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