The Chinese copper and gold mining giant Zijin Mining Group Co. took investors by surprise last week when it bought the Canadian company Neo Lithium Corp.’s South American lithium mining assets for $770 million. The deal highlights the growing importance that Chinese mining companies and electric vehicle battery makers are putting on lithium, a key ingredient needed to power EVs and countless other electrics.
- Get a daily email packed with the latest China-Africa news and analysis.
- Read exclusive insights on the key trends shaping China-Africa relations.
- Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.