China’s BYD Seeks to Buy African Lithium Mines – The Paper

Chinese electric vehicle (EV) maker BYD is in talks to buy six lithium mines in Africa, The Paper, a Shanghai government-backed news website, reported.

The acquisitions would give BYD access to more than 25 million tonnes of lithium oxide, The Paper reported. Lithium oxide is used in the cathodes of EV batteries.

Read the full report: The Paper

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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