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The important role of spodumene in the lithium battery industry

2025-04-18 14:06:32

In the wave of global energy transformation, China is reshaping the lithium battery industry with the advantages of the entire industrial chain. According to the data from the Ministry of Industry and Information Technology, China's total lithium-ion battery production will reach 1170GWh in 2024, a year-on-year increase of 24%, accounting for a dominant position in the global total production. Six of the top ten power battery companies in the world are Chinese companies, and CATL and BYD lead the global market with market shares of 37.9% and 17.2% respectively. As an irreplaceable strategic raw material for lithium battery positive electrode materials, spodumene's resource conversion efficiency and technological innovation level are becoming the key yardstick for measuring the core competitiveness of the industry.