"NIO, XPEV, LI, BYD.. China's Quads Message Board

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Technology Stocks : "NIO, XPEV, LI, BYD.. China's Quads

BYDDF 11.93

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From: roto	1/18/2024 11:53:46 AM
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China unearths million-tonne lithium deposit, heating up global resource race as Thailand also boasts big find •Discovery of silvery-white alkali metal deposit known as ‘white gold’ could make its way to China’s battery makers, in boon to already-outsized EV battery industry that is underpinning economic growth •Despite having only about 7 per cent of world’s identified lithium resources, China refines around half of the world’s lithium and relies heavily on imports archive.ph A worker handles car batteries at a factory in China’s Jiangsu province, where large deposits of a critical battery component – lithium – have been found. Photo: AFP

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