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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 States , Andrew Hayley , Li Liangbin , Siyi Liu , Yan Yun , Susan Zou , Tony Munroe , Himani Sarkar , Rystad Energy , Yongxing Special Materials Technology Huashan , Benchmark Mineral Intelligence , South America , Lunar New Year , Yongxing Special Materials Technology , Yin Yiwei , Communist Party , Jiangxi Daily , Ganfeng Lithium , Beijing Newsroom ,

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 Kingdom , New South Wales , Baishi Huashan , Yang Yaohua , Eric Norris , Vicky Zhao , Li Qi , Ma Jun , Wu Wei , Institute Of Public Environmental Affairs , Xiamen University , Energy Storage , Yongxing Special Materials Technology , Gotion High Tech , Ganfeng Lithium , Arena Yang , Ejin River , Environmental Affairs , Benchmark Mineral ,

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 Kingdom , New South Wales , United States , Tony Munroe , Yang Yaohua , Sonali Paul , Siyi Liu , Wu Wei , Li Qi , Eric Norris , Dominique Patton , Ma Jun , Vicky Zhao , Baishi Huashan , Ernest Scheyder , Yongxing Special Materials Technology , Energy Storage , Xiamen University , Thomson Reuters Trust Principles , Institute Of Public Environmental Affairs , Albemarle Corp , Gotion High Tech , Ganfeng Lithium , Tianqi Lithium , Arena Yang , Ejin River ,

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 States , United Kingdom , New South Wales , Sonali Paul , Li Qi , Ernest Scheyder , Baishi Huashan , Tony Munroe , Dominique Patton , Ma Jun , Eric Norris , Wu Wei , Siyi Liu , Vicky Zhao , Yang Yaohua , Xiamen University , Energy Storage , Yongxing Special Materials Technology , Institute Of Public Environmental Affairs , Albemarle Corp , Gotion High Tech , Ganfeng Lithium , Arena Yang , Ejin River , Environmental Affairs , Benchmark Mineral ,

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 Kingdom , New South Wales , Li Qi , Ma Jun , Yang Yaohua , Eric Norris , Wu Wei , Vicky Zhao , Energy Storage , Albemarle Corp , Xiamen University , Institute Of Public Environmental Affairs , Yongxing Special Materials Technology , Gotion High Tech , Ganfeng Lithium , Arena Yang , Ejin River , Environmental Affairs , Benchmark Mineral ,