China moves to 2nd in global lithium reserves as a world class lithium belt has been identified in Western China.
China has achieved remarkable progress in lithium exploration, becoming the world’s second-largest holder of lithium reserves.
According to the China Geological Survey under the Ministry of Natural Resources, China’s share of global lithium reserves has risen from 6 percent to 16.5 percent, elevating its position from sixth to second in global rankings.
A world-class spodumene-type lithium belt, spanning 2,800 kilometers, has been identified in western China. Additionally, the Qinghai-Xizang Plateau’s salt lakes have seen significant lithium resource growth, making China the third-largest holder of salt lake lithium resources globally.
Chinese scientists have also resolved major technical challenges in extracting lithium from lepidolite, a mineral known for its high lithium content but historically difficult and expensive to process.
Lithium is vital for numerous industries, including electric vehicles, energy storage systems, mobile communications, medical applications, and as fuel for nuclear reactors.
Experts believe China’s enhanced domestic lithium exploration will reduce its dependence on imports and help stabilize the global lithium market.
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