If Chinese government strongly promotes, it will come into reality quickly. 50 years ago, Chinese economy was probably behind Africa’s. It’s tremendous change in China. For example, Shenzhen was a small town with 58,000 population back in 1980, but grew to a big city with 10.7m population in 2015, now 12.5m in 2018.
That was probably the main reason driving iron ore demand.
In 2030, the construction of charging piles in Hainan Province reached 940,000.
Source: Shanghai Securities News·China Securities NetworkRelease time: 2019-05-07
According to the Hainan Daily News on May 6, the Hainan Provincial Government recently issued the "Hainan Electric Vehicle Charging Infrastructure Planning (2019-2030)" (hereinafter referred to as "Planning"), proposing that by 2030, the total number of charging piles in Hainan Province should reach 940,000, to create a "Hainan model" for the development of charging infrastructure.
At the same time, focusing on the future development of electric vehicles, closely combining the charging needs of different fields and different levels, according to the principle of “charging mainly and replacing electricity”, Hainan is divided into three types of areas, adjusting the target tasks of charging infrastructure construction and following “ The technology orientation of market-led, fast-moving mutual aid, and the integration of public resources such as transportation, municipal administration, and electric power, and the “Hainan Model” for the development of charging infrastructures.
In addition, Hainan Province will vigorously develop a comprehensive utilization project for distributed energy and micro-network charging infrastructure, promote the layout of public charging infrastructure in public parking lots and commercial and public-supported parking lots, and ensure the cleaning of gas, photovoltaic and hydropower. Energy is used locally to reduce the use of clean energy in charging infrastructure.
Hainan Province will rely on the Internet of Things, big data, cloud computing and artificial intelligence to realize the deep integration of “Internet + charging infrastructure”, and improve convenient services such as charging navigation, status inquiry, charging reservation, and fee settlement. Order charging, realize car-pile exchange interaction, improve operational efficiency and user experience.
China’s Hainan province to ban fossil-fuel car sales by 2030
Hainan province is the first province to ban fossil fuel cars and is promoted as “Hainan model”, probably soon other provinces will follow its path, it’s likely a part of China central government plan, imo.
China faces very similar situation with lithium resources, although has abundant brine deposits which are very similar to low grade iron ore deposits, majority of Chinese brine deposits contain high Magnesium and environmental issues.
The high magnesium to lithium ratio in Qinghai Salt Lake is one of the biggest obstacles for industrialized large-scale production of lithium carbonate.
Qinghai Salt Lake is rich in resources and good drying conditions, but the high magnesium to lithium ratio of the salt lake resources itself brings great difficulties to the enrichment and separation of lithium. The world's salt lake resource benchmark - Atacama Salt Lake has a magnesium-to-lithium ratio of only 6:1; although the Chaerhan Salt Lake has the largest reserves, the original lithium-magnesium-lithium ratio is 1577:1, and the lithium ion concentration is low; Dongtai Jinnar Salt Lake The reserve is the smallest, but the ratio of magnesium to lithium is the smallest, which is 35.2:1 (the old halogen is 18:1); the West Lake Jinil Salt Lake is similar to Dongtai, the ratio of magnesium to lithium is 61:1; the ratio of magnesium to lithium in Yiliping Salt Lake is 90.5:1 ( The old brine is 51:1); the reserves of Dachaidan Salt Lake are the second, the ratio of magnesium to lithium is 134:1 (the old halogen is 92:1).
At present, the most commonly used lithium extraction in Qinghai Salt Lake is adsorption method (represented by Lanke Lithium Industry) and membrane method (electrodialysis method and nanofiltration membrane method) (the nanofiltration membrane method is represented by Hengxinrong). Since 2011, Lanke Lithium has been involved in the lithium extraction field in the salt lake. Through the introduction of Russian second-generation adsorption technology, after years of running-in and sorbent improvement and innovation, the technology has made a major breakthrough in 2014 and started mass production. CITIC Guoan relies on Xitai Jimel. The research on the separation and extraction of lithium from high-magnesium-lithium in the salt lake by the salt lake has made a breakthrough in 2006. The technology uses the calcination method to extract lithium. However, due to the serious pollution to the environment, it was stopped until the production resumed in 2016.
China Import dependence:
China need to reduce reliance on crude oil, for reducing pollution.
China spent ~USD$240 billion on importing crude oil in 2018 year, Import reliance was about 70%.
China Iron ore import dependence increased from 60% in 2010 to currently around 80%.
China Lithium import dependence is already sitting at around 85%.
Where will China to source lithium from while electric vehicle sales accelerate?
DYOR.
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