Chilean President Gabriel Boric oversaw the signing of a $233 million lithium deal with Chinese mining giant Tsingshan Holding Group, the latest investment that solidifies China's dominance of the fiercely contested EV battery metal supply chain.
In just the past few months alone, Chinese firms have moved quickly to lock up similar mining and processing deals in Morocco, Nigeria, Bolivia, and Zimbabwe, among other countries.
Henry Sanderson, executive editor at Benchmark Mineral Intelligence, joins Eric & Geraud to discuss these latest deals and what the implications are for G7 countries that are looking to build alternate non-Chinese supply chains for critical resources.
SHOW NOTES:
Amazon: Volt Rush: The Winners and Losers in the Race to Go Green by Henry Sanderson: https://a.co/d/7kDJxds
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China's Dominance of the EV Battery Metal Supply Chain