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New discoveries raise China’s lithium reserves to second largest in the world

Recent finds, including a massive deposit in Tibet, will help meet demand for metal, which is key for EV batteries and other technologies.

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Reuters Shanghai Agency. China’s lithium reserves rose from 6 to 16.5 percent of the world’s total, making it the second largest holder of this resource in the world, just behind Chile, state media reported on Wednesday. Beijing, the world’s first consumer of this metal for batteries, is heavily dependent on imports, and in recent years has boosted national exploration. Lithium is widely used in rechargeable batteries for electronic devices, ele…

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YUAN TALKS broke the news in on Wednesday, January 8, 2025.
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