World's Biggest Lithium Hub Being Built in Xinjiang

Chinese miner Xinjiang Nonferrous Metal Group has begun construction of the world’s biggest lithium hub which will integrate the mining and extraction of the critical EV battery metal, Yicai Global reported.

The facility, situated in the embattled Xinjiang region, will process 3 million tons of precious metals annually and produce 600,000 tons of “high-quality lithium concentrate”, the report said.

Read the full report: Yicai Global

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Tags: China EV Lithium Mining Xinjiang

Vishakha Saxena

Vishakha Saxena is the Multimedia and Social Media Editor at Asia Financial. She has worked as a digital journalist since 2013, and is an experienced writer and multimedia producer. As a trader and investor, she is keenly interested in new economy, emerging markets and the intersections of finance and society. You can write to her at [email protected]