Global car makers racing for lithium

Neometals managing director Chris Reed said, like electric vehicles, lithium had become an extremely China-centric story, largely because most of the world’s lithium processing capacity was located in China, or was controlled by Chinese companies. Ramping up processing and manufacturing capacity by Chinese players, Mr Reed said, had made lithium one of the most active spots in WA’s minerals sector in recent years, with three new mines coming online last year and another five expected to start producing by the end of 2019.

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