Sixth Tone reported that Chinese researchers have discovered a lithium mine in the southwestern Qiongjiagang region in what could be the China’s third-largest deposit of the metal. The mine is located 5,000 meters above sea level in the Qinghai-Tibet Plateau and has over 1 million tonnes of lithium oxide resources. The Qiongjiagang lithium has good mining conditions, it has high-quality ore, transportation to it is convenient considering the mining area is connected to rural cement roads, the ore body is exposed and no deep excavation is requiredKnown as white oil, lithium ore is an essential component in electric vehicle batteries. China has the sixth-largest lithium reserves in the world, but the country still imports 75% of its lithium resources to meet the metal’s increasing demand in the electric vehicle sector. The recent discovery could help reduce China’s over-reliance on imported lithium resources.
Sixth Tone reported that Chinese researchers have discovered a lithium mine in the southwestern Qiongjiagang region in what could be the China’s third-largest deposit of the metal. The mine is located 5,000 meters above sea level in the Qinghai-Tibet Plateau and has over 1 million tonnes of lithium oxide resources. The Qiongjiagang lithium has good mining conditions, it has high-quality ore, transportation to it is convenient considering the mining area is connected to rural cement roads, the ore body is exposed and no deep excavation is requiredKnown as white oil, lithium ore is an essential component in electric vehicle batteries. China has the sixth-largest lithium reserves in the world, but the country still imports 75% of its lithium resources to meet the metal’s increasing demand in the electric vehicle sector. The recent discovery could help reduce China’s over-reliance on imported lithium resources.