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Commodity star lithium shows signs of cooling after 1 200% rally

Commodity star lithium shows signs of cooling after 1,200% rally

China dominates global battery supply chain again, followers in flux

China continues to lead rankings for involvement in the global battery supply chain, but the chasing pack of other countries is in flux.

CHINA S BATTERY SUPPLY CHAIN TOPS BNEF RANKING FOR THIRD CONSECUTIVE TIME, WITH CANADA A CLOSE SECOND

Canada’s recent investment in its upstream clean energy supply and increasing demand in the US-Mexico-Canada Agreement (USMCA) region increases the country’s competitiveness

China s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

China continues to dominate BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking, for the third time in a row, for both 2022 and its projection for 2027, due to continued support for the electric vehicle demand and raw materials investments. China currently hosts 75% of all battery cell manufacturing capacity.

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