RSS SubscribeElectrification Visualizing China’s Cobalt Supply Dominance by 2030
By Bruno Venditti – Visual Capitalist Elements
Chinese dominance over critical minerals used in technologies like smartphones, electric vehicles (EVs), and solar power has become a growing concern for the U.S. and other Western countries.
Currently, China refines 68% of the world’s nickel, 40% of copper, 59% of lithium, and 73% of cobalt, and is continuing to expand its mining operations.
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