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Chinese Miners and Battery Makers Team Up in Rush for Lithium

  • Surge in price of lithium has triggered flurry of deals
  • China’s dominance of lithium chain prompts rethink in West
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Governments Attempt Balance in Securing the Battery Supply Chain

Chinese miners and battery makers are forging closer ties as the accelerating shift to electric vehicles highlights the shortage of a metal that’s key to the clean-energy revolution.

Lithium jumped more than 400% in China over the past year, unnerving Beijing and sparking a flurry of deals from Argentina to Zimbabwe. Battery manufacturers are rushing to secure supplies of lithium -- a silvery-white material used in power packs -- as EV demand pushes prices higher.