Canada Just Opened North America's First Battery-Grade Lithium Refinery

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Short Term
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China has been consolidating its control over global lithium supplies for years now. As the lithium-ion battery sector continues to grow at a massive pace, the extreme concentration of lithium supply chains gives China a major economic and geopolitical advantage. It also creates worrying vulnerabilities for the rest of the world that has come to rely on imports of the ‘white gold’ to keep their tech and energy sectors running. Half of the global lithium market is controlled by China alone. “For over a decade, China has meticulously…

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Original article published by OilPrice.com on April 26, 2026.
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