China's Mega Projects: Sichuan, The World’s Rising “Lithium Valley”

Power batteries are as essential as the core for New Energy Automobile.

Lithium, a key component in lithium-ion batteries, is becoming another major resource after petroleum and rare-earth metals, forming a considerable lithium-ion batteries industrial chain.

Sichuan Province is the new rising star in the global lithium-ion batteries industrial chain.

Sichuan ranks first in China in terms of its lithium minerals from hard rock ores.

Sichuan has established three of the world’s top ten leading power battery enterprises.

So far, Sichuan has initially forged a complete lithium-ion batteries industrial chain.

In 2021, Sichuan owned more than 80 upstream and downstream enterprises with a total investment of over 140 billion yuan in projects under construction.

The world’s “Lithium Valley” is rising rapidly in southwest China.