China wil een derde van ’s werelds lithiumvoorraden in handen krijgen, maar speelt met vuur" data-ratio="16:9" data-caption="Chinese lithiummijn – Getty Images" data-lazy="false">
To get its hands on a larger share of the world’s lithium supplies, China is counting on countries with unstable political regimes, which often demonstrate against lithium mining projects.
Why is this important?
China wants to get hold of a significant part of the world’s lithium supply in order to maintain production of electric cars. The sector is expanding rapidly. Although the country has only a small share of the world’s reserves, Beijing is determined to do everything possible to achieve its goal and not lag behind the other major countries, which would harm its auto and technology industries .The news: China is taking a risky gamble by investing in lithium mines, as there is a lot of resistance to such projects.
- Chinese companies are leaders in lithium refining, but there is a shortage of raw materials. That is one of the biggest economic challenges for the coming years, as lithium is essential for the batteries in electric cars
- To achieve its goals, China is pumping billions into projects in countries with a history of people
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