Can China achieve a lithium supply-demand balance?

These findings suggest that unless China receives additional raw materials supplies, achieving a lithium supply-demand balance under scenarios of low supply and maximum battery capacity (low-S7, low-S8) is unattainable in the current trade network structure, even if import capabilities are expanded to the maximum.

What are the leading energy storage battery companies in China?

Leading energy storage battery companies in China include BYD (002594.SZ), which is also the country's biggest electric vehicle maker, and CATL (300750.SZ).

How much lithium will China produce by 2030?

By 2030, the USA’s lithium production could range from 229 to 610 kt (Tables S7 and S8). This means that by 2030, China’s production could potentially increase to 1.5–2 times its 2025 level, while the USA’s production is expected to rise by 6.7–17.8 times compared with 2025.

How big is China's energy storage capacity?

Sign up here. Current installed new energy storage capacity, which is made up mostly of lithium-ion battery storage, was 95 GW as of June, the regulator, the National Energy Administration, said in August. China has raced ahead of its energy storage targets in the past.

What is China's demand for lithium carbonate (LCE) in 2025?

In 2025, China’s highest demand (812 kt lithium carbonate equivalent [LCE]) surpasses the combined total of the USA and Europe by 136 kt. Even in the lowest scenario (275 kt), Chinese demand remains above Europe (124 kt) and the USA (99 kt). By 2030, China’s peak demand hits 1,319 kt, compared with 792 kt for Europe and 692 kt for the USA.

Can international trade supply regional lithium markets?

International trade can supply regional lithium markets, yet this potential is constrained by total exports and market accessibility, including competition from other actors. 37 The lithium supply within a region or country is inevitably linked to global trade patterns.