Despite efforts from the United States and the EU to diversify their supply chains of critical minerals, China is expected to raise its share of the global supply of some of the metals key to accelerating the energy transition. China is a large supplier of lithium and cobalt, which are used in batteries and are critical for the rollout of renewable energy and electric vehicles. And China is set to boost its global market share of those minerals, analysts say. Lithium Output Boom Bank UBS expects China to end up controlling…
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