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US warns China is forcing West out of lithium production

As e-mobility trade tensions worsen, the US claims China is exploiting its lithium dominance to prevent the West from nearshoring. By Stewart Burnett

Trade tensions continue to deepen between the West and China. During a press briefing on 7 October 2024, Jose Fernandez, US Under Secretary of State for Economic Growth, Energy, and the Environment, warned that Chinese lithium producers are flooding the global market and deliberately causing a “predatory” price drop to eliminate their rivals. As he explained, China is currently producing far more lithium “than the world needs today, by far.”

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