FT Rethink

Europe and the US look to boost their lithium independence

As electric car sales grow, demand for lithium, a key component in EV batteries, has surged. China controls about 60 per cent of global lithium processing, through its vast network of refineries. As the FT’s Harry Dempsey reports, Europe and the US are both making moves to loosen China’s grip on the lithium supply chain, but it won’t be easy.

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FT Channels, a partnership destination that combines impactful and enriching multimedia content to spark curiosity and encourage discovery. Each vertical brings expert insights from the Financial Times and our Partners into the most pressing issues of our time.


FT Rethink series focuses on the people, technology, strategies and systems moving us from an economy that is wasteful, idle, lopsided and dirty towards one that is circular, lean, inclusive and clean. The channel alternates between independent reporting from FT journalists and business perspectives from Lombard Odier