Part 3/6:
The timing of these restrictions coincides with an intensifying climate of trade tension between China, the United States, and its allies, raising alarms about the future availability of lithium and the potential impact on global EV production.
Effects on Global Lithium Projects
The ramifications of China's export restrictions are already palpable, as various global lithium projects are being affected. Chinese firms are reportedly in talks to seek exemptions from these new rules, as many Western companies had intended to source Chinese lithium salts for their extraction processes. However, these previously viable transactions now hang in the balance, as uncertainty looms.