Fierce competition to secure lithium feedstock supply in China signals long-term optimism

The recent auction of two lithium mines in China’s Sichuan province has garnered wild interest among Chinese companies, a sign of optimism in long-term demand for lithium despite the current bearishness in the downstream market.

Chinese iron ore producer Inner Mongolia Dazhong Mining said its bid of 42.06 billion yuan ($5.80 billion) had won a five-year exploration right to the Jiada lithium mine in Maerkang...


Zihao Li

August 15, 2023

06:37 GMT