China’s is the largest electric vehicle battery maker amid a global boom in demand for electric vehicles, which are dependent on lithium-ion batteries. Photo: Reuters
China’s is the largest electric vehicle battery maker amid a global boom in demand for electric vehicles, which are dependent on lithium-ion batteries. Photo: Reuters

EV lithium battery supply race hots up as China’s Yibin extends US$15 million loan to Australian miner Pilbara Minerals

  • China’s Yibin Tianyi Lithium Industry has extended a US$15 million zero-interest loan to Australian miner Pilbara Mineral
  • Australia is the world’s largest exporter of lithium, while China’s is the largest electric vehicle battery maker

China’s is the largest electric vehicle battery maker amid a global boom in demand for electric vehicles, which are dependent on lithium-ion batteries. Photo: Reuters
China’s is the largest electric vehicle battery maker amid a global boom in demand for electric vehicles, which are dependent on lithium-ion batteries. Photo: Reuters
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