Spanning 4 provinces, 2800 kilometers! China discovers a giant lithium deposit, causing Western countries to wail in despair

Recently, the China Geological Survey officially announced that a massive lithium belt, "Asia's Lithium Waist," stretching 2800 kilometers has been discovered in the regions of Sichuan, Tibet, Qinghai, and Xinjiang. This discovery has completely reshuffled the global lithium resource landscape.

2800 kilometers—what does this mean? It is equivalent to the round-trip distance from Beijing to Shenzhen with an additional 300 kilometers, spanning four provinces, making it the longest known lithium belt globally. This discovery has raised China's lithium reserves' global share from 6% to 16.5%, jumping from sixth place to second, just behind Chile's 41%.

Previously, China's dependence on lithium resource imports exceeded 70%, mainly importing from Australia and Chile. Meanwhile, the West has tried to restrict China's new energy vehicle development by controlling lithium ore exports. Australia has restricted lithium concentrate exports, while the United States has pushed for "de-Chinaization" of the battery supply chain.

In 2022, China's new energy vehicle sales accounted for 68% of the global market, and its battery power production reached 78% of the global total. However, the self-sufficiency rate of lithium raw materials was less than 30%. Now, this weakness has been directly strengthened. The Financial Times lamented: "China's lithium discovery breaks the Western monopoly strategy on battery materials." Bloomberg calculated that China's self-sufficiency rate of lithium raw materials is expected to rise from 30% to over 60% by 2025.

Western countries had hoped to use lithium deposits to constrain China's new energy vehicle development. Now, China has discovered such a large amount of lithium deposits within its own territory. No wonder Western media and netizens are wailing in despair. It seems that China's luck has arrived and cannot be stopped.

Original: www.toutiao.com/article/1842947030010951/

Statement: This article represents the personal views of the author.