China accounts for significant processing and refining shares of several of the key minerals for the clean energy transition worldwide. As of 2020, more than 87 percent of the world's rare earth minerals, nearly 65 percent of cobalt, and nearly 58 percent of global lithium was processed in China. This marks a significant supply-chain advantage for China as the transition towards utilizing clean energy sources ramps up on a global scale.
Share of global raw materials processed in China as of 2020, by selected energy transition-relevant mineral
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Energy Monitor. (April 28, 2023). Share of global raw materials processed in China as of 2020, by selected energy transition-relevant mineral [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/1270305/china-share-of-global-energy-transition-raw-materials-processing/
Energy Monitor. "Share of global raw materials processed in China as of 2020, by selected energy transition-relevant mineral." Chart. April 28, 2023. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/1270305/china-share-of-global-energy-transition-raw-materials-processing/
Energy Monitor. (2023). Share of global raw materials processed in China as of 2020, by selected energy transition-relevant mineral. Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/1270305/china-share-of-global-energy-transition-raw-materials-processing/
Energy Monitor. "Share of Global Raw Materials Processed in China as of 2020, by Selected Energy Transition-relevant Mineral." Statista, Statista Inc., 28 Apr 2023, https://www.statista.com/statistics/1270305/china-share-of-global-energy-transition-raw-materials-processing/
Energy Monitor, Share of global raw materials processed in China as of 2020, by selected energy transition-relevant mineral Statista, https://www.statista.com/statistics/1270305/china-share-of-global-energy-transition-raw-materials-processing/ (last visited November 17, 2024)
Share of global raw materials processed in China as of 2020, by selected energy transition-relevant mineral [Graph], Energy Monitor, April 28, 2023. [Online]. Available: https://www.statista.com/statistics/1270305/china-share-of-global-energy-transition-raw-materials-processing/