China Spends Billions on Risky Bets to Lock Down World’s Lithium

Beijing’s quest to secure supplies of the metal is leading it to buy up stakes in mines throughout the developing world

Bolivia, which has enshrined the nationalization of its mineral resources in its constitution, is one of the places where China is investing heavily. Gaston Brito Miserocchi/Getty Images

Chinese companies have long dominated lithium refining, but their hunt to secure a greater share of the world’s supplies of the metal is leading them to buy up stakes in mines throughout the developing world as they face increasing resistance in Western countries.

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