Categories
South Asia

Chinese officials reportedly in Afghanistan to explore lithium projects | Source: Ariana News

Representatives of five companies obtained special visas, arriving in Afghanistan in early November. Afghanistan has large reserves of lithium, a key component used for the batteries of electric vehicles. It´s rich also in resources ranging from copper, lead, zinc, gold, oil and gas, bauxite, coal, iron ore and rare earths.

Source: Ariana News


MORE NEWS ABOUT SOUTH ASIA:

South Asia

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Asia Pacific

Chinese firms urged to invest in PH | Source: Manila Times

Chinese investors are being urged to explore business opportunities in the Philippines, during the Philippines-China (Fujian) Economic and Trade Promotion Conference held last November 7. They are urging Chinese companies to invest in nickel and cobalt processing facilities and even to move forward to invest in energy storage production including EV (electric vehicle) batteries and renewable energy battery banks. Philippines is the second largest in terms of deposits of nickel and sixth for deposits for cobalt, and the two minerals are key ingredients in lithium ion batteries.

Source: Manila Times


MORE NEWS ABOUT ASIA PACIFIC:

Asia Pacific

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
South Asia

Chinese lithium market fluctuates following news of unveiling deposit in Afghanistan | Source: Global Times

A worker at a lithium battery factory in Huzhou, East China’s Zhejiang Province.

After months of soaring stock markets in China, the historic fall of lithium shares on A-shares markets this Wednesday sent a mixed message to the industry about the potential change in the world supply chain make-up after Afghanistan, where the world’s largest lithium deposits are located, appeared to flag potential international cooperation after 20 years of instability and stagnation. If the situation in Afghanistan can be stabilized, the country’s vast lithium reserves will become commercialized, which would help to ease the current tightened lithium supplies, experts said.

Source: Global Times


MORE NEWS ABOUT SOUTH ASIA:

South Asia

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.