Salt Lakes in Qinghai Bears over 60% of China's Lithium Resource Reserves

Published: Aug 5, 2021 11:27
China's lithium resource reserves in 2020 stood at 5.1 million mt in metal content, with 25.5 million mt of lithium carbonate equivalent.

SHANGHAI, Aug 5 (SMM) - According to USGS statistics, China's lithium resource reserves in 2020 stood at 5.1 million mt in metal content, with 25.5 million mt of lithium carbonate equivalent.

Qinghai's lithium resource reserves stood at 15.91 million mt of lithium carbonate equivalent, accounting for 62.4% of China's total. Lithium concentration in central, eastern and western Ginell salt lake is the highest.

According to SMM statistics, China's lithium extraction from salt lakes stood at 242,000 mt since 2000, accounting for about 1.5% of the total reserves, and the remaining resources are very considerable.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Sungrow: The Global Energy Storage Market Is Expected to Grow by 30–50 in 2026
7 hours ago
Sungrow: The Global Energy Storage Market Is Expected to Grow by 30–50 in 2026
Read More
Sungrow: The Global Energy Storage Market Is Expected to Grow by 30–50 in 2026
Sungrow: The Global Energy Storage Market Is Expected to Grow by 30–50 in 2026
At a conference call on March 31, Sungrow stated regarding the company’s overall target plan for energy storage shipments in 2026 that the global market is expected to grow by 30–50 in 2026. With raw material prices rising, some projects were in a wait-and-see stage, but the demand should still exist and would only be deferred. The company will strive based on the upper end of market growth, hoping to achieve more than 60 Gwh.
7 hours ago
SK Innovation E&S Launches Largest ESS Facility in New York
8 hours ago
SK Innovation E&S Launches Largest ESS Facility in New York
Read More
SK Innovation E&S Launches Largest ESS Facility in New York
SK Innovation E&S Launches Largest ESS Facility in New York
SK Innovation E&S has completed and begun operations of the largest energy storage system (ESS) facility in New York State. According to industry sources on the 31st, its subsidiary KCE launched the KCE NY 6 battery storage facility located on Electric Avenue in Blasdell, Erie County. The project, with a capacity of 20MW (45.6MWh), is the largest single ESS site constructed in New York at the time of its commissioning and is directly connected to the local power grid.
8 hours ago
Tozero Launches Industrial Demo Plant to Recover Lithium from Waste Batteries
8 hours ago
Tozero Launches Industrial Demo Plant to Recover Lithium from Waste Batteries
Read More
Tozero Launches Industrial Demo Plant to Recover Lithium from Waste Batteries
Tozero Launches Industrial Demo Plant to Recover Lithium from Waste Batteries
German company, Tozero, announced on March 27 (local time) the official launch of its industrial-scale demonstration plant. The company has built a facility at the Gendorf chemical park in Bavaria, Germany, capable of processing more than 1,500 tons of waste batteries annually. The process enables the recovery of lithium carbonate, graphite, and nickel-cobalt mixtures from spent batteries for reuse as battery raw materials. The plant is expected to recycle resources equivalent to batteries from approximately 6,000 electric vehicles per year, reducing reliance on landfill disposal.
8 hours ago
Salt Lakes in Qinghai Bears over 60% of China's Lithium Resource Reserves - Shanghai Metals Market (SMM)