...with China accounting for a third of all EVs produced, they're using 90% of lithium from Chile & Argentina!
...those lithium mines are producing exclusively for them, without having any or much influence on the lithium market price.
...where are our Aussie lithium going to with EU autos languishing, US progressively becoming self-reliant - you can bet Australian lithium would be subject to Trump tariffs when LAC is up and running.
China's #Lithium Carbonate Imports:
1) Nov 2023-Oct 2024: 219,443 mt Li2CO3
2) Enough for about 4 million EVs
3) About 1/3 of all EVs that were manufactured in #China.
4) > 90% of those imports are originated in #Chile & #Argentina.
