Australian Rare Earths

Australian Alternative Energy Forum


Not Really a Forum, more of my memory aid.


Comments on this forum should never be taken as investment advice.


Go Back   Alternative Energy Forums > Alternative Energy Discussion > Lithium

Reply
 
Thread Tools Display Modes
  #1  
Old 08-28-2023, 03:14 AM
Sparty Sparty is offline
Administrator
 
Join Date: Mar 2009
Posts: 1,880
Default China buys half of the lithium mines on the market

China has been buying up lithium mines around the world, acquiring a total of 10 out of 20 mines that have come up for sale in the past year.

This has led to concerns that China is trying to secure control of the global lithium market, which is essential for the production of electric vehicles and other clean energy technologies.

Lithium is a critical mineral that is used in the production of batteries, and demand for the metal is expected to grow significantly in the coming years as the world transitions to a low-carbon economy.

China is already the world's largest producer of lithium, and its growing dominance of the market has raised concerns about supply security and prices.

The Australian government has been warned that it needs to do more to secure its own supply of lithium, as the country has some of the world's largest reserves of the metal.

Read the article the above summarises: https://www.afr.com/companies/mining...0230825-p5dzhc

 

Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content.
The information on this site is for information purposes only. Alternative-Energy.com.au is neither responsible nor liable for the accuracy of this data.

Comments on this forum should never be taken as investment advice.

Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT. The time now is 04:47 PM.


Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.