Although some Western countries have been looking for ways to ensure that the lithium market is not affected by China, but China has firmly taken a dominant position in the market.

According to the report, China and the global lithium industry has been closely linked, back in 2010, Western companies may be able to have a chance to turn around.

Australia is one of the world's largest lithium producers, and Chinese companies have long been present there. North Carolina's Yabao company, for example, its lithium mine in Western Australia, Greenbushes (Greenbushes) has a 49% stake, and from China's Chengdu, Tianqi Lithium Co., Ltd. has a 51% stake in the company, with majority control. It is understood that Greenbushes is the world's high grade, large reserves of lithium deposits. In other large lithium-producing countries, Chinese capital has similarly dominated. In Chile, the second largest lithium producer, Tianqi Lithium has owned nearly a quarter of the shares of the Chilean chemical and mining company (SQM) in the past decade, becoming its second largest shareholder. China, the third largest lithium producer, has a well-established lithium production chain. In Argentina, the fourth largest lithium producer, Chinese investment has an important role in the development of the local lithium industry. Data show that China is the main export destination of Argentina's lithium carbonate, exports to China accounted for about 33% of the country's total exports. In Canada, Zimbabwe and Brazil, Chinese capital is also ubiquitous, Canada is operating two lithium mines owned by Chinese companies, Zimbabwe's lithium mines are controlled by Zhejiang Huayou Cobalt.