China's grip on lithium to hit 39% by 2030: WoodMac
Market Trends · Mining.com ·
Chinese firms are on track to control 39% of global lithium production by 2030, according to Wood Mackenzie, as they deepen investments across Africa, Australia and South America. Australia's share is forecast to drop from 43% in 2020 to 25% by 2030, while Africa's contribution is set to rise to 13%, tightening Beijing's influence over battery supply chains.