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China sets to control 39% of global lithium extraction by 2030
Chinese companies are on course to control 39% of all lithium extracted globally by 2030, up from approximately one third in 2020, according to new analysis published by Wood Mackenzie. The findings, drawn from Wood Mackenzie’s Lens Metals & Mining platform, highlight a growing divergence between the geography of lithium production and the nationality of asset owners. Australia, long the dominant force in lithium supply, accounted for 43% of global extraction in 2020. By 2030, that share is forecast to fall to 25%, driven not by declining investment, but by faster growth elsewhere particularly across Africa. The ... (full story)
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- May 25, 2026 5:59pm Posted byFundamental Analysis89
