China's reliance on foreign battery metals poses a challenge - industry

DEZHOU, China : China needs to strengthen its domestic resources of battery metals including nickel, lithium and cobalt as its reliance on external supply poses a risk for its electric vehicle industry, a metals industry official said on Friday.

The three metals are key raw materials for making lithium-iron batteries, a popular choice for the burgeoning electric vehicles industry globally. China's output of the main battery cathode materials nearly doubled in 2021, but domestic supply of raw battery material - nickel metal, cobalt metal and lithium carbonate - grew only 10 per cent, 15 per cent and 53 per cent respectively, Hu said.

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