Chinese companies are on track to control 39% of global lithium production by 2030 as they deepen investments across Africa, Australia and South America, tightening Beijing’s influence over battery supply chains despite broader geographic diversification of mining output.

“Lithium production and lithium ownership are increasingly diverging, and it is reshaping the global critical mineral supply chains,” “While production growth is becoming more geographically diverse, ownership remains concentrated among a relatively small group of companies, mostly led by China.”

https://www.mining.com/chinas-grip-on-lithium-to-hit-39-by-2030-woodmac/