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· Lead metal refined production volume worldwide 2021 2021 Global refined lead production contracted by around percent between 2021 and 2021
China s dominance in battery raw materials can most clearly be seen in the market for graphite a crystalised form of the element carbon that is used in the anode of a battery
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· China is better positioned than the when it comes to these natural resources having increased its ownership of cobalt resources in the Democratic Republic of the Congo and lithium reserves in Chile and Indonesian nickel mines Thompson writes adding that China also has most of the global refining capacity for these metals
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In 2021 Chinese chemical companies accounted for 80 percent of the world s total output of raw materials for advanced batteries China controls the processing of pretty much all the critical minerals rare earth lithium cobalt and graphite Of the 136 lithium ion battery plants in the pipeline to 2021 101 are based in China
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