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Analysis-China lithium boom slows as sagging prices batter high-cost miners

A slump in the price of lithium, a key raw material in electric car batteries, is dragging on China's mining of the ultralight metal which together with a costly extraction process is prompting a reassessment of output growth and new project plans. Softening EV demand has knocked down global lithium prices, with a basket tracked by Benchmark Mineral Intelligence plunging more than 80% in the past 12 months. In China, which accounted for about a quarter of the world's mined lithium output in 2023, analysts expect the mining of lepidolite - a hard rock ore that is relatively expensive for producing lithium - to take a hit as a prolonged price slump makes costly production unsustainable.

United statesAndrew hayleyLi liangbinSiyi liuYan yunSusan zouTony munroeHimani sarkarRystad energyYongxing special materials technology huashanBenchmark mineral intelligenceSouth americaLunar new yearYongxing special materials technologyYin yiweiCommunist party

In China s lithium hub, mining boom comes at a cost | Hellenic Shipping News Worldwide

In China s lithium hub, mining boom comes at a cost | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

United kingdomNew south walesBaishi huashanYang yaohuaEric norrisVicky zhaoLi qiMa junWu weiInstitute of public environmental affairsXiamen universityEnergy storageYongxing special materials technologyGotion high techGanfeng lithiumArena yang

Analysis: In China s lithium hub, mining boom comes at a cost

Down a steep dirt road from the Baishi Huashan lithium mine in southern China, trucks laden with silvery grey ore rumble towards a cluster of smelters in the valley below that have sprung up to cash in on the electric vehicle battery boom.

United kingdomNew south walesUnited statesTony munroeYang yaohuaSonali paulSiyi liuWu weiLi qiEric norrisDominique pattonMa junVicky zhaoBaishi huashanErnest scheyderYongxing special materials technology

Analysis-In China s lithium hub, mining boom comes at a cost

Down a steep dirt road from the Baishi Huashan lithium mine in southern China, trucks laden with silvery grey ore rumble towards a cluster of smelters in the valley below that have sprung up to cash in on the electric vehicle battery boom. The city of Yichun, China's most prospective region for lithium, is ground zero in the country's push to cut its reliance on imports of the metal for its battery industry, which makes three-quarters of the world's lithium-ion batteries. Mining the metal from a rock called lepidolite, Yichun aims to quadruple its output to about 350,000 metric tons of lithium carbonate equivalent (LCE) by 2025, or as much as the world's top exporter Australia produced last year.

United statesUnited kingdomNew south walesSonali paulLi qiErnest scheyderBaishi huashanTony munroeDominique pattonMa junEric norrisWu weiSiyi liuVicky zhaoYang yaohuaXiamen university

In China s lithium hub, mining boom comes at a cost

In China s lithium hub, mining boom comes at a cost
mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.

United kingdomNew south walesLi qiMa junYang yaohuaEric norrisWu weiVicky zhaoEnergy storageAlbemarle corpXiamen universityInstitute of public environmental affairsYongxing special materials technologyGotion high techGanfeng lithiumArena yang