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December 27,2024

With Mali’s lithium mine, China to produce 506,000 tons of EV battery

The Chinese firm secured a $342.7 million deal to increase its stake in the major lithium project in Mali, West Africa and it’ll be the country’s top lithium production firm’s first phase of a lithium mining project. Acc. to the SCMP, the mine is expected to be operational for over 23 years and is anticipated to produce 15.

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