A game-changing discovery
China has just revealed the existence of an impressive 2,800-kilometer-long spodumene belt in Tibet. This major discovery could contain up to 30 million tons of lithium. Making China the world’s second largest holder of this strategic metal. The discovery has an estimated value of 600 billion euros at current market prices, multiplying China’s reserves by 2.75 and bringing them to 16.5% of the world total.
Technological innovation and operation
Chinese researchers have made significant progress in processing lepidolite, making mining more efficient and cost-effective. A further 10 million tons of lithium can be extracted in Jiangxi thanks to these developments, and there are encouraging opportunities in Hunan and Inner Mongolia as well.
These technological developments significantly reduce operating costs while minimizing environmental impact.
Impact on the global battery market
This discovery strengthens China’s dominant position in the lithium-ion battery sector. Where it already holds 76% of the world’s production capacity. This will allow the country to reduce its dependence on imports and consolidate its strategic position in the electric vehicle sector.
This increased autonomy will have a significant impact on global prices and supply chains.
International Expansion and Strategy
Beyond its borders, China is actively developing its mining operations, particularly in Mali, where a major lithium deposit is being exploited. The initial phase of the project is planned to generate 506,000 tons per year, with growth ambitions to increase that capacity.
This strategy demonstrates China’s determination to secure its supplies on a global scale.
Environmental Issues and Sustainability
The exploitation of these new reserves raises major environmental concerns. However, recent technological advances promise more environmentally friendly extraction methods.
China will have to balance its exploitation ambitions with the need to preserve Tibet’s fragile ecosystems.
Conclusion
This historic lithium discovery significantly strengthens China’s position in the global battery and electric vehicle market. With an estimated value of €600 billion. This deposit represents an important strategic resource for the country.
Technological innovations in lithium mining and processing, combined with an international expansion strategy, are positioning china as a key player in the global energy transition. However, the challenge will be to exploit these resources in a sustainable and responsible way.https://youtu.be/uEUBfgXWbIc?si=aupoxzC11GHhnZRn