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The facts are, China imported 84% lithium in 2017. Most of the...

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    The facts are,
    China imported 84% lithium in 2017.
    Most of the Abundant brine deposits in China, are not extractable!!! Only produced about 24kt last year.


    China: high dependence on imports for lithium (84% in 2017, was 74% in 2015): 66% are imported spodumene and 18% are imported high-concentration brine.

    China's State Council "Made in China 2025" made it clear that:
    China's power cell to specific energy
    to reach 300Wh/kg by 2020;
    to reach 400Wh/kg by 2025;
    to reach 500Wh/kg by 2030.


    Solid state lithium batteries power energy density can achieve 600Wh/kg or more. Toyota solid state (lithium) battery is expected to be mass production by 2020-2022. Samsung said to start produce solid state lithium batteries as early as 2019.

    China set up a plan for new energy vehicles:
    1. New energy vehicles sales to reach 7% of the annual sales (30m x 7% = 2.1 million vehicles) by 2020;

    2. New energy vehicles sales to reach 15% of the annual sales (33m x 15%= 5 million vehicles) by 2025;

    3. New energy vehicles sales to reach 40% of the annual sales (38m x 40% = 15 million vehicles) by 2030.


    Total 1.7 million new energy vehicles in China as at 31 December 2017.
    China plans to have 80 million new energy vehicles by 2030.
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