China Controls 90% of the World’s Manganese Market, Another Strategic Ingredient for Electric Vehicle Batteries

Governments and automakers in the U.S., Europe and Asia have become steadily concerned in recent years over China’s dominance of the strategic minerals and metals supply chains that are used to manufacture batteries for electric vehicles.

Their primary concern is a repeat of what happened in 2015 when China temporarily shut off the supply of rare earths to Japan, sparking major disruptions in Japan’s manufacturing sector. Today, that same concern applies to other vital resources, namely cobalt, where China dominates both the extraction and refining sectors.

Add manganese to that list. Although the ore is quite abundant, particularly in Africa and Australia, China controls 90% of the refining market and, according to a report in the Wall Street Journal, Beijing is now moving to further consolidate its control over this strategic resource.

SUGGESTED READING:

• The Wall Street Journal: China Hones Control Over Manganese, a Rising Star in Battery Metals by Chuin-Wei Yap
• Investing News Network: Manganese – Why This Critical Steel, Battery and EV Metal Should Be on Your Radar

• Get a daily email packed with the latest China-Africa news and analysis.
• Read exclusive insights on the key trends shaping China-Africa relations.
• Connect with leading professionals on the China- Africa Experts Network.

You've reached your free monthly article limit.

Subscribe today for unlimited access.

-17% Savings

The post China Controls 90% of the World’s Manganese Market, Another Strategic Ingredient for Electric Vehicle Batteries appeared first on The China Africa Project.

source https://chinaafricaproject.com/2021/05/25/china-controls-90-of-the-worlds-manganese-market-another-strategic-ingredient-for-electric-vehicle-batteries/