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Climate Change

Tuesday
11 Jul 2023

Climate Change: China Ranks Third Behind Australia, Canada for Readiness to Boost Output of Metals Critical for Clean Energy Transition

11 Jul 2023  by scmp   

Construction of the world’s first 16-megawatt offshore wind turbine in Fuzhou, southeast China’s Fujian Province. Photo: Xinhua
China scored 65 out of 100 for its preparedness to expand production of key minerals such as lithium, copper and graphite, according to BloombergNEF

‘The country’s score is boosted by the availability of a wide range of mineral reserves,’ says the report

China ranked third – after Australia and Canada – among 10 markets assessed on their readiness to boost the supply of metals essential to the global clean energy transition and the fight against climate change, according to a study.China scored 65 out of 100 in an assessment of countries’ preparedness to expand production of key minerals such as lithium, copper and graphite carried out by clean energy and commodity markets research provider BloombergNEF. That compares with Australia’s 92 and Canada’s 73.

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