BYD has found 6 lithium mines in Africa and has reached an intention to acquire them. The source said that according to BYD's internal calculation, among the six lithium mines, the amount of ore with a lithium oxide grade of 2.5% has reached more than 25million tons, which can be converted into 1million tons of lithium carbonate. At the same time, he also disclosed that "in terms of cost, the loading price per ton of lithium carbonate must be less than 200000 yuan."
BYD's purchase of six lithium mines in Africa will cover its battery demand in the next decade
