Get the latest tech news
30-million-ton lithium discovery makes China world’s second-largest EV battery power | New site signals a potential 30 million ton addition to China’s lithium resources, increasing global share from 6% to 16.5%
New site signals a potential 30 million ton addition to China's lithium resources, increasing global share from 6 to 16.5 percent.
China has nearly tripled its lithium reserves, elevating its status to the world’s second-largest holder of this essential metal for renewable energy technology, according to the state news agency Xinhua. Previously estimated to possess 6 percent of the world’s lithium reserves, China’s significant increase is the result of new deposit discoveries and advanced extraction methods that make it feasible to retrieve metal from various minerals. Chinese researchers have made significant progress in processing lepidolite, a mineral previously known for its extraction challenges due to high costs and technical difficulties.
Or read this on r/technology