https://newsletter.en.creamermedia.com
Energy|Exploration|Renewable Energy|Resources|Storage|Systems
Energy|Exploration|Renewable Energy|Resources|Storage|Systems
energy|exploration|renewable-energy|resources|storage|systems

China becomes world's second-largest holder of lithium reserves, Xinhua reports

8th January 2025

By: Reuters

  

Font size: - +

SHANGHAI - China's lithium reserves have risen from 6% to 16.5% of the global total, making it the world's second-largest holder of lithium reserves, state media reported on Wednesday.

The world's top consumer of the battery metal relies heavily on lithium imports, and Beijing has pushed for more domestic exploration in recent years.

Lithium is widely used in rechargeable batteries for electronic devices, electric vehicles, and renewable energy storage systems, as well as in ceramics, glass, and pharmaceutical applications.

The newly discovered mines include a 2 800-km-long spodumene mine in the Xikunsong-Pan-Ganzi region in Tibet, and some lithium salt lakes in the Qinghai-Tibet Plateau, Xinhua News Agency said in the report.

With the discovered salt lakes, China now also hosts the world's third-largest salt lake resources, after the lithium triangle in South America and western America, the report said.

Salt lake is a low-cost lithium source.

The most active lithium carbonate contract on the Guangzhou Futures Exchange in China stood at 77 420 yuan ($10 559.91) per ton on Wednesday, up by 0.4% week-on-week.

Edited by Creamer Media Reporter

Comments

Showroom

Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 
WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (17/01/2025)
17th January 2025 By: Martin Creamer
Magazine round up | 17 January 2025
Magazine round up | 17 January 2025
17th January 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:3.313 3.402s - 190pq - 2rq
Subscribe Now