China Introduces Tech Export Restrictions to Strengthen Lithium Dominance

Reported 3 days ago

China is set to impose stricter scrutiny on technology exports related to lithium refining and battery materials, aiming to safeguard its pivotal role in the global battery supply chain amid escalating trade tensions with the US. The government plans to add various technologies used in lithium production to its export control list, which has raised concerns among battery companies in China and Asia regarding future overseas investments and joint ventures. This move follows previous restrictions on rare earth metals and is part of China's broader efforts to maintain leadership in key technology sectors.

Source: YAHOO

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