China Consumes over 40% of Global Lithium, Aiming at Resources in South America-Shanghai Metals Market

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

Industry News 09:59:45AM Dec 04, 2017 Source:SMM

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.


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

Key Words:  Lithium   electric vehicle 

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

Industry News 09:59:45AM Dec 04, 2017 Source:SMM

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.


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

Key Words:  Lithium   electric vehicle