The world can’t wean itself off Chinese lithium - fivenewscrypto
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vendredi 1 juillet 2022

The world can’t wean itself off Chinese lithium

The world can’t wean itself off Chinese lithium
vendredi 1 juillet 2022
A customs officer inspects imported lithium carbonate at Longwu Branch Terminal of Shanghai İnternational Port Co., Ltd.

Enlarge / A customs officer inspects imported lithium carbonate at Longwu Branch Terminal of Shanghai İnternational Port Co., Ltd. (credit: VCG | Getty Images)

The industrial port of Kwinana on Australia’s western coast is a microcosm of the global energy industry. From 1955, it was home to one of the largest oil refineries in the region, owned by British Petroleum when it was still the Anglo-Persian Oil Company. It once provided 70 percent of Western Australia’s fuel supplies, and the metal husks of old tanks still dominate the shoreline, slowly turning to rust in the salt air.

The refinery shut down in March 2021, but it isn’t just oil below the region’s red soil: Australia is also home to almost half of the world’s lithium supply. The trucks and machinery are humming once again, but now they’re part of a race to secure the clean energy sources of the future—a race being dominated by China.

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