Benchmark: China dominates Li-ion battery supply chain
Green Car Congress
OCTOBER 9, 2022
Lithium is typically shipped to China for conversion to lithium carbonate or lithium hydroxide. The vast majority of cobalt is mined in the Democratic Republic of Congo (DRC); three-quarters of this is then processed by China. —Albert Li, an analyst at Benchmark. Much of this is also sourced from Chinese-owned mines in the DRC.
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