[{"data":1,"prerenderedAt":747},["ShallowReactive",2],{"ticker-data":3,"story-article/chinas-catl-targets-domestic-lithium-resources-and-recycling-as-prices-soar":550},[4,52,82,112,149,187,231,263,298,336,378,418,460,490,520],{"publishedDate":5,"updateFrequency":6,"updateFrequencyText":7,"label":8,"today":9,"last":10,"percentageChange":11,"yearToDate":12,"yearOnYear":13,"oneYearIndexTrend":14,"url":48,"subscription":49,"isProtected":50,"hasAccess":51},"2026-09-16","2wk","Updated every 2 weeks","Lithium",354.99,385.07,-7.81,51.88,112.02,[15,16,18,21,24,27,30,33,36,39,42,45],{"date":5,"value":9},{"date":17,"value":10},"2026-09-02",{"date":19,"value":20},"2026-08-19",372.67,{"date":22,"value":23},"2026-08-05",367.54,{"date":25,"value":26},"2026-07-22",388.26,{"date":28,"value":29},"2026-07-08",399.4,{"date":31,"value":32},"2026-06-24",410.62,{"date":34,"value":35},"2026-06-10",427.77,{"date":37,"value":38},"2026-05-27",449.85,{"date":40,"value":41},"2026-05-13",451.12,{"date":43,"value":44},"2026-04-29",404.38,{"date":46,"value":47},"2026-04-15",354.35,"/lithium/prices",null,false,true,{"publishedDate":5,"updateFrequency":6,"updateFrequencyText":7,"label":53,"today":54,"last":55,"percentageChange":56,"yearToDate":57,"yearOnYear":58,"oneYearIndexTrend":59,"url":48,"subscription":49,"isProtected":50,"hasAccess":51},"Lithium Carbonate",300.39,306.07,-1.86,18.27,69.99,[60,61,62,64,66,68,70,72,74,76,78,80],{"date":5,"value":54},{"date":17,"value":55},{"date":19,"value":63},297.22,{"date":22,"value":65},296.63,{"date":25,"value":67},309.38,{"date":28,"value":69},317.2,{"date":31,"value":71},330.54,{"date":34,"value":73},346.5,{"date":37,"value":75},358.35,{"date":40,"value":77},350.28,{"date":43,"value":79},328.09,{"date":46,"value":81},381.25,{"publishedDate":5,"updateFrequency":6,"updateFrequencyText":7,"label":83,"today":84,"last":85,"percentageChange":86,"yearToDate":87,"yearOnYear":88,"oneYearIndexTrend":89,"url":48,"subscription":49,"isProtected":50,"hasAccess":51},"Lithium Hydroxide",339.85,352.45,-3.57,67.22,122.85,[90,91,92,94,96,98,100,102,104,106,108,110],{"date":5,"value":84},{"date":17,"value":85},{"date":19,"value":93},341.12,{"date":22,"value":95},337.87,{"date":25,"value":97},354.36,{"date":28,"value":99},364.06,{"date":31,"value":101},376.67,{"date":34,"value":103},393.29,{"date":37,"value":105},411.01,{"date":40,"value":107},408.51,{"date":43,"value":109},372.51,{"date":46,"value":111},316.95,{"publishedDate":5,"updateFrequency":113,"updateFrequencyText":114,"label":115,"today":116,"last":117,"percentageChange":118,"yearToDate":119,"yearOnYear":120,"oneYearIndexTrend":121,"url":148,"subscription":49,"isProtected":50,"hasAccess":51},"1wk","Updated every week","Cobalt",178.66,189.92,-5.93,-24.05,25.17,[122,123,124,127,129,132,133,136,138,141,143,146],{"date":5,"value":116},{"date":17,"value":117},{"date":125,"value":126},"2026-08-26",192.6,{"date":19,"value":128},199.83,{"date":130,"value":131},"2026-08-12",217.25,{"date":22,"value":131},{"date":134,"value":135},"2026-07-29",221.25,{"date":25,"value":137},224.44,{"date":139,"value":140},"2026-07-15",223.01,{"date":28,"value":142},223.72,{"date":144,"value":145},"2026-07-01",218.73,{"date":31,"value":147},229.84,"/cobalt/prices",{"publishedDate":150,"updateFrequency":6,"updateFrequencyText":7,"label":151,"today":152,"last":153,"percentageChange":154,"yearToDate":155,"yearOnYear":156,"oneYearIndexTrend":157,"url":186,"subscription":49,"isProtected":50,"hasAccess":51},"2026-09-09","Nickel",119.13,119.61,-0.4,-1.33,12.77,[158,159,160,162,164,166,168,171,174,177,180,183],{"date":150,"value":152},{"date":125,"value":153},{"date":130,"value":161},121.04,{"date":134,"value":163},121.19,{"date":139,"value":165},122.66,{"date":144,"value":167},125.61,{"date":169,"value":170},"2026-06-17",131.5,{"date":172,"value":173},"2026-06-03",134.65,{"date":175,"value":176},"2026-05-20",135.83,{"date":178,"value":179},"2026-05-06",133.76,{"date":181,"value":182},"2026-04-22",125.43,{"date":184,"value":185},"2026-04-08",124.51,"/nickel/prices",{"publishedDate":188,"updateFrequency":189,"updateFrequencyText":190,"label":191,"today":192,"last":193,"percentageChange":194,"yearToDate":195,"yearOnYear":196,"oneYearIndexTrend":197,"url":230,"subscription":49,"isProtected":50,"hasAccess":51},"2026-08-28","1mo","Updated every month","Natural Graphite",80.18,80.66,-0.6,-1.72,-1.7,[198,199,201,204,207,210,213,216,219,222,225,227],{"date":188,"value":192},{"date":200,"value":193},"2026-07-31",{"date":202,"value":203},"2026-06-30",82.87,{"date":205,"value":206},"2026-05-29",82.99,{"date":208,"value":209},"2026-04-30",82.93,{"date":211,"value":212},"2026-03-31",82.39,{"date":214,"value":215},"2026-02-27",81.92,{"date":217,"value":218},"2026-01-30",81.69,{"date":220,"value":221},"2025-12-31",81.58,{"date":223,"value":224},"2025-11-28",81.35,{"date":226,"value":224},"2025-10-31",{"date":228,"value":229},"2025-09-30",81.74,"/natural-graphite/prices",{"publishedDate":200,"updateFrequency":189,"updateFrequencyText":190,"label":232,"today":233,"last":234,"percentageChange":235,"yearToDate":236,"yearOnYear":237,"oneYearIndexTrend":238,"url":262,"subscription":49,"isProtected":50,"hasAccess":51},"Anode Coke",81.86,80.54,1.63,9.96,16.35,[239,240,241,242,244,246,248,250,252,254,256,259],{"date":200,"value":233},{"date":202,"value":234},{"date":205,"value":234},{"date":208,"value":243},84.01,{"date":211,"value":245},79.79,{"date":214,"value":247},75.72,{"date":217,"value":249},74.61,{"date":220,"value":251},74.44,{"date":226,"value":253},72.75,{"date":228,"value":255},71.92,{"date":257,"value":258},"2025-08-29",71.46,{"date":260,"value":261},"2025-07-31",70.35,"/synthetic-graphite/prices",{"publishedDate":264,"updateFrequency":189,"updateFrequencyText":190,"label":265,"today":266,"last":266,"percentageChange":267,"yearToDate":268,"yearOnYear":269,"oneYearIndexTrend":270,"url":297,"subscription":49,"isProtected":50,"hasAccess":51},"2026-09-15","Anode",80.24,0,1.53,2.92,[271,272,274,275,277,280,282,285,287,289,291,294],{"date":264,"value":266},{"date":273,"value":266},"2026-08-17",{"date":139,"value":266},{"date":276,"value":266},"2026-06-15",{"date":278,"value":279},"2026-05-15",79.16,{"date":46,"value":281},81.98,{"date":283,"value":284},"2026-03-16",79.03,{"date":286,"value":284},"2026-02-16",{"date":288,"value":284},"2026-01-15",{"date":290,"value":284},"2025-12-15",{"date":292,"value":293},"2025-11-17",77.79,{"date":295,"value":296},"2025-10-15",77.96,"/anode/prices",{"publishedDate":299,"updateFrequency":189,"updateFrequencyText":190,"label":300,"today":301,"last":302,"percentageChange":303,"yearToDate":304,"yearOnYear":305,"oneYearIndexTrend":306,"url":335,"subscription":49,"isProtected":50,"hasAccess":51},"2026-08-01","Cathode",73.32,77.21,-5.04,14.41,55.07,[307,308,309,312,315,318,321,324,326,328,330,332],{"date":299,"value":301},{"date":144,"value":302},{"date":310,"value":311},"2026-06-01",80.32,{"date":313,"value":314},"2026-05-01",81.71,{"date":316,"value":317},"2026-04-01",77.27,{"date":319,"value":320},"2026-03-01",81.99,{"date":322,"value":323},"2026-02-01",80.5,{"date":288,"value":325},72.79,{"date":290,"value":327},64.08,{"date":292,"value":329},62.01,{"date":295,"value":331},53.51,{"date":333,"value":334},"2025-09-15",49.5,"/cathode/prices",{"publishedDate":337,"updateFrequency":189,"updateFrequencyText":190,"label":338,"today":339,"last":340,"percentageChange":341,"yearToDate":342,"yearOnYear":343,"oneYearIndexTrend":344,"url":377,"subscription":49,"isProtected":50,"hasAccess":51},"2025-03-31","Lithium ion Batteries",74.53,71.3,4.53,-1.6,-20.88,[345,346,348,351,354,357,360,363,366,368,371,374],{"date":337,"value":339},{"date":347,"value":340},"2025-02-28",{"date":349,"value":350},"2025-01-31",71.45,{"date":352,"value":353},"2024-12-31",75.74,{"date":355,"value":356},"2024-11-29",76.98,{"date":358,"value":359},"2024-10-31",77.34,{"date":361,"value":362},"2024-09-30",77.43,{"date":364,"value":365},"2024-08-30",80.56,{"date":367,"value":206},"2024-07-31",{"date":369,"value":370},"2024-06-28",87.2,{"date":372,"value":373},"2024-05-31",90.7,{"date":375,"value":376},"2024-04-30",93.2,"/battery-gigafactory/prices",{"publishedDate":379,"updateFrequency":6,"updateFrequencyText":7,"label":380,"today":381,"last":382,"percentageChange":383,"yearToDate":384,"yearOnYear":385,"oneYearIndexTrend":386,"url":417,"subscription":49,"isProtected":50,"hasAccess":51},"2026-09-10","Black Mass",42.03,43.88,-4.2,-2.58,38.13,[387,388,390,393,396,399,402,405,408,410,412,414],{"date":379,"value":381},{"date":389,"value":382},"2026-08-27",{"date":391,"value":392},"2026-08-13",42.33,{"date":394,"value":395},"2026-07-30",43.42,{"date":397,"value":398},"2026-07-16",46.74,{"date":400,"value":401},"2026-07-02",46.01,{"date":403,"value":404},"2026-06-18",49.57,{"date":406,"value":407},"2026-02-12",47.34,{"date":409,"value":404},"2026-01-29",{"date":288,"value":411},43.15,{"date":220,"value":413},47.05,{"date":415,"value":416},"2025-12-18",41.51,"/recycling/black-mass-prices",{"publishedDate":419,"updateFrequency":189,"updateFrequencyText":190,"label":420,"today":421,"last":422,"percentageChange":423,"yearToDate":424,"yearOnYear":425,"oneYearIndexTrend":426,"url":459,"subscription":49,"isProtected":50,"hasAccess":51},"2026-09-03","Rare Earths",170.83,169.63,0.71,19.72,22.18,[427,428,430,433,436,439,442,445,448,451,453,456],{"date":419,"value":421},{"date":429,"value":422},"2026-08-20",{"date":431,"value":432},"2026-08-06",172.28,{"date":434,"value":435},"2026-07-23",173.94,{"date":437,"value":438},"2026-07-09",171.69,{"date":440,"value":441},"2026-06-25",168.55,{"date":443,"value":444},"2026-06-11",165,{"date":446,"value":447},"2026-05-28",163.89,{"date":449,"value":450},"2026-05-14",172.63,{"date":208,"value":452},175.6,{"date":454,"value":455},"2026-04-16",172.01,{"date":457,"value":458},"2026-04-02",165.47,"/rare-earths/prices",{"publishedDate":188,"updateFrequency":189,"updateFrequencyText":190,"label":461,"today":462,"last":463,"percentageChange":464,"yearToDate":465,"yearOnYear":466,"oneYearIndexTrend":467,"url":377,"subscription":49,"isProtected":50,"hasAccess":51},"NCM Mid-Nickel",152.7,162.48,-6.02,17.38,53.11,[468,469,470,472,474,476,478,480,482,484,486,488],{"date":188,"value":462},{"date":200,"value":463},{"date":202,"value":471},171.08,{"date":205,"value":473},173.65,{"date":208,"value":475},164.53,{"date":211,"value":477},157.28,{"date":214,"value":479},151.44,{"date":217,"value":481},144.5,{"date":220,"value":483},130.09,{"date":223,"value":485},124.6,{"date":226,"value":487},122.35,{"date":228,"value":489},103.5,{"publishedDate":188,"updateFrequency":189,"updateFrequencyText":190,"label":491,"today":492,"last":493,"percentageChange":494,"yearToDate":495,"yearOnYear":496,"oneYearIndexTrend":497,"url":377,"subscription":49,"isProtected":50,"hasAccess":51},"NCM High-Nickel",144.45,149.67,-3.49,26.69,49.06,[498,499,500,502,504,506,508,510,512,514,516,518],{"date":188,"value":492},{"date":200,"value":493},{"date":202,"value":501},157.37,{"date":205,"value":503},160,{"date":208,"value":505},149.53,{"date":211,"value":507},141.97,{"date":214,"value":509},136.99,{"date":217,"value":511},129.81,{"date":220,"value":513},114.02,{"date":223,"value":515},109.17,{"date":226,"value":517},109.02,{"date":228,"value":519},99.44,{"publishedDate":188,"updateFrequency":189,"updateFrequencyText":190,"label":521,"today":522,"last":523,"percentageChange":524,"yearToDate":525,"yearOnYear":526,"oneYearIndexTrend":527,"url":377,"subscription":49,"isProtected":50,"hasAccess":51},"LFP",229.17,218.34,4.96,49.35,83.44,[528,529,530,532,534,536,538,540,542,544,546,548],{"date":188,"value":522},{"date":200,"value":523},{"date":202,"value":531},239.1,{"date":205,"value":533},258.32,{"date":208,"value":535},239.37,{"date":211,"value":537},213.01,{"date":214,"value":539},204.49,{"date":217,"value":541},218.06,{"date":220,"value":543},153.45,{"date":223,"value":545},134.02,{"date":226,"value":547},118.22,{"date":228,"value":549},111.93,{"id":551,"uuid":552,"name":553,"slug":554,"full_slug":555,"content":556,"relatedArticles":745,"relatedVideos":746},112472960155197,"c7a7ac04-d93d-4e8f-9b58-d5cb3b260624","China’s CATL targets domestic lithium resources and recycling as prices soar","chinas-catl-targets-domestic-lithium-resources-and-recycling-as-prices-soar","article/chinas-catl-targets-domestic-lithium-resources-and-recycling-as-prices-soar",{"_uid":557,"date":558,"tags":559,"editor":566,"content":576,"excerpt":723,"featured":50,"reporter":724,"_editable":728,"component":729,"seo_title":553,"categories":730,"visibility":737,"author_company":49,"featured_image":738,"seo_description":723,"author_full_name":49,"author_job_title":49,"formattedDate":743,"formattedArticleDate":744},"9eab3259-d368-45de-a3cc-35804c2faf18","2022-02-18 00:00",[560,563],{"slug":561,"name":562},"catl","CATL",{"slug":564,"name":565},"chile","Chile",[567],{"slug":568,"name":569,"content":570},"matthew-bird","Matthew Bird",{"job_title":571,"image":572,"bio":574,"linkedin":575},"Senior Editor - Supply Chains & Data Visualisation",{"filename":573},"https://a.storyblok.com/f/287943243085208/512x512/14738033ec/matthew-bird.jpeg","Matthew writes, edits and produces content for Benchmark Intelligence and Benchmark Source across the whole mine to grid supply chain. He also acts as a liaison to the press. He has a PhD in electrochemistry from the University of Nottingham.","https://www.linkedin.com/in/birdmatthew/",{"type":577,"content":578},"doc",[579,586,591,596,611,616,621,630,635,640,645,658,663,668,673,678,683,688,693,698,703,708,713,718],{"type":580,"attrs":581,"content":582},"paragraph",{"textAlign":49},[583],{"text":584,"type":585},"China’s largest battery maker CATL is betting on domestic Chinese lithium resources as well as recycling to ease a deepening shortage of the battery raw material, it said this week.","text",{"type":580,"attrs":587,"content":588},{"textAlign":49},[589],{"text":590,"type":585},"The Tesla supplier told investors that it could recover over 90% of lithium from used lithium ion batteries, and would also develop its own mines in China.",{"type":580,"attrs":592,"content":593},{"textAlign":49},[594],{"text":595,"type":585},"“Lithium recycling is currently contributing to supply security,” CATL said.",{"type":580,"attrs":597,"content":598},{"textAlign":49},[599,601,609],{"text":600,"type":585},"The announcement highlights the ",{"text":602,"type":585,"marks":603},"increasing pressure",[604],{"type":605,"attrs":606},"link",{"href":607,"uuid":49,"anchor":49,"target":49,"linktype":608},"https://source.benchmarkminerals.com/article/lithium-ion-battery-prices-rise-for-first-time-in-gigafactory-era-automakers-in-negotiations","url",{"text":610,"type":585}," CATL is under to secure sources of lithium and other raw materials for its batteries. It comes following a 540% increase in Chinese battery-grade lithium carbonate prices over the past year, according to Benchmark’s Lithium Price Assessment.",{"type":580,"attrs":612,"content":613},{"textAlign":49},[614],{"text":615,"type":585},"“The short-term rise in the cost of lithium carbonate and other raw materials is definitely having an impact on the company,” CATL told investors.",{"type":580,"attrs":617,"content":618},{"textAlign":49},[619],{"text":620,"type":585},"CATL is the world’s largest battery manufacturer, and has a 50% share of the Chinese market. It is a key supplier of lithium iron phosphate batteries to Tesla.",{"type":622,"attrs":623,"content":625},"heading",{"level":624,"textAlign":49},4,[626,628],{"text":627,"type":585},"Import ",{"text":629,"type":585},"dependence",{"type":580,"attrs":631,"content":632},{"textAlign":49},[633],{"text":634,"type":585},"Yet CATL and China remain dependent on overseas supplies of lithium to meet their growth targets. China imports around 65% of its lithium supplies, mostly from Australia and Brazil, before converting it into lithium chemicals.",{"type":580,"attrs":636,"content":637},{"textAlign":49},[638],{"text":639,"type":585},"China produced around 182kt LCE of lithium carbonate and 110kt LCE of lithium hydroxide in 2021 but domestic feedstock production remained at around 71kt LCE, much of it from lepidolite rock.",{"type":580,"attrs":641,"content":642},{"textAlign":49},[643],{"text":644,"type":585},"That has made securing overseas resources critical for China’s electric vehicle market. CATL has a 7% stake in Australian spodumene miner Pilbara Mineral and an indirect stake in AVZ, which is developing a lithium mine in the Democratic Republic of Congo.",{"type":580,"attrs":646,"content":647},{"textAlign":49},[648,650,656],{"text":649,"type":585},"But last year CATL lost out on ",{"text":651,"type":585,"marks":652},"a bid for Canadian-listed lithium miner Millennial Lithium",[653],{"type":605,"attrs":654},{"href":655,"uuid":49,"anchor":49,"target":49,"linktype":608},"https://source.benchmarkminerals.com/article/millennial-lithium-bidding-war-shows-scramble-for-argentinian-lithium",{"text":657,"type":585},", which is developing a lithium brine project in Argentina, to Lithium Americas, which is part owned by Ganfeng Lithium. The company’s previously owned 8% of Argentina-focused Neo Lithium, which was bought by Zijin Mining last month.",{"type":580,"attrs":659,"content":660},{"textAlign":49},[661],{"text":662,"type":585},"CATL said this week that in addition to its previous overseas lithium investments it would focus on domestic lithium mining. This week the company signed a four-way joint venture agreement with local government-owned Garze Tibetan Autonomous Prefecture Investment Group, and newly established companies, Yibin Sanjiang Huida and Sichuan Tianfu Mining, to explore for lithium in the area.",{"type":580,"attrs":664,"content":665},{"textAlign":49},[666],{"text":667,"type":585},"Last year CATL also broke ground on a battery factory in Yichun, Jiangxi province, where it is also mining local lithium supplies. This week Yongxing Material said it would build a 20,000 tpa battery grade lithium carbonate project in Yichun to supply CATL, using lithium-containing lepidolite from Jiangxi Tungsten.",{"type":580,"attrs":669,"content":670},{"textAlign":49},[671],{"text":672,"type":585},"Chinese domestically mined lithium supply is set to rise from 70,900 tonnes of LCE last year to 127,900 tonnes of LCE by 2026, according to Benchmark’s Lithium Forecast.",{"type":622,"attrs":674,"content":675},{"level":624,"textAlign":49},[676],{"text":677,"type":585},"Self-reliance",{"type":580,"attrs":679,"content":680},{"textAlign":49},[681],{"text":682,"type":585},"Beijing is encouraging domestic lithium production as a way to reduce China’s import reliance. This month an official with the Ministry of Industry and Information Technology said that the government would increase its ability to guarantee supplies of critical resources and increase communication between Qinghai, Sichuan and Jiangxi to “quicken the development of Chinese lithium resources.”",{"type":580,"attrs":684,"content":685},{"textAlign":49},[686],{"text":687,"type":585},"Tianqi Lithium, which owns the the Yajiang Cuola spodumene mine in Sichuan, said this month it is conducting a feasibility study on “recommencing the development and production” of the mine, which was shut in 2013 following a nearby environmental spill that killed local fish.",{"type":580,"attrs":689,"content":690},{"textAlign":49},[691],{"text":692,"type":585},"“This is an important reserve of lithium mine for us,” Tianqi said.",{"type":580,"attrs":694,"content":695},{"textAlign":49},[696],{"text":697,"type":585},"This week a Chinese official magazine said that geologists had found a rich deposit of spodumene in Tibet near Mount Everest. The deposit contains 1 million tonnes of lithium oxide, it reported.",{"type":580,"attrs":699,"content":700},{"textAlign":49},[701],{"text":702,"type":585},"Still, despite its rich resources the grade of lithium in China is low, and its brine projects in Qinghai have struggled to deliver for years.",{"type":622,"attrs":704,"content":705},{"level":624,"textAlign":49},[706],{"text":707,"type":585},"Lithium long shot",{"type":580,"attrs":709,"content":710},{"textAlign":49},[711],{"text":712,"type":585},"As a result China is likely to continue to remain dependent on imported sources of lithium in the medium term, according to Maynie Yang, an analyst at Benchmark.",{"type":580,"attrs":714,"content":715},{"textAlign":49},[716],{"text":717,"type":585},"While China’s total production output is set to grow its global share of production is set to fall as other regions ramp up at a faster pace. Benchmark forecasts that China’s share of the global market is likely to fall to 12% of global lithium supply by 2026, from 15% in 2021.",{"type":580,"attrs":719,"content":720},{"textAlign":49},[721],{"text":722,"type":585},"Chinese hard rock production will have to compete with cheaper, larger scale, relatively efficient production of lithium from brine in South America and relatively higher grade spodumene in Australia and other countries like Africa and Canada, Cameron Perks, an analyst at Benchmark, said.","China’s largest battery maker CATL is betting on domestic Chinese lithium resources as well as recycling to ease a deepening shortage of the battery raw material, it said this week. The Tesla supplier told investors that it could recover over 90% of lithium from used lithium ion batteries, and would also develop its own mines […]",[725],{"slug":568,"name":569,"content":726},{"job_title":571,"image":727,"bio":574,"linkedin":575},{"filename":573},"\u003C!--#storyblok#{\"name\": \"article\", \"space\": \"\", \"uid\": \"9eab3259-d368-45de-a3cc-35804c2faf18\", \"id\": \"\"}-->","article",[731,734],{"slug":732,"name":733},"batteries","Batteries",{"slug":735,"name":736},"critical-minerals","Critical Minerals","private",{"id":49,"alt":739,"name":739,"focus":739,"title":739,"source":739,"filename":740,"copyright":739,"fieldtype":741,"meta_data":742,"is_external_url":51},"","https://a.storyblok.com/f/287943243085208/9e81149be5/bm-catl-headquarters-2-e1651235886273.jpg","asset",{"alt":739,"title":739,"source":739,"copyright":739},"Feb 18, 2022","18th February 2022",[],[],1790082839617]