Risk assessment of lithium resources supply in China

The lithium industry in China is facing with the contradictory condition of that our lithium raw material is heavily dependent on imported.Through the method of historical comparison and quantitative evaluation,this article evaluates lithium resources supply from five aspects,which included the current situation of supply and demand,production costs,geopolitical,company concentration and the future trend of lithium resources in China.As the risk radar diagram shows that domestic lithium production cost is relatively high,which restrict the development of domestic lithium resources;lithium raw materials external dependence is high;China Lithium producers don't have the discourse power in lithium international market.It is suggested that the government should make overall plans for lithium development in China,to establish an orderly and sustainable production chain,to encourage lithium resources recycling.As an important participant,China lithium companies should strive to solve the problems of the high production costs to make full use of domestic lithium resources.At the same time,they could actively participate in global lithium market,take advantage of "the Belt and Road"to strengthen lithium cooperation development.