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10 Aug
14:49

China's lithium production to grow 6% annually over 2023-2032: BMI

According to BMI, a Fitch Solutions’ company, lithium production in mainland China will grow at an average annual rate of 6% from 21,300 tonnes to 33,700 t during 2023-2032, Kallanish learns. The research firm attributes the increasing production volume to scheduled new production projects, high product prices and large domestic demand. It expects by 2032, about one-third of the global lithium demand from the electric vehicle side will be from China.&nb…
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