With Australia’s exports to China hitting a record $102.5 billion in the first half of this year, ASPI analyst David Uren draws attention to the tension between Australian economic and strategic policies resulting from "China’s capture of Australia’s lithium exports" THE CHINESE economy may be softening and commodity prices falling, but Australia’s exports to China hit a record $102.5 billion in the first half of this year thanks to massive shipments of lithium concentrate. Lithium has overtaken liquefied natural gas as Australia’s second biggest export to China behind iron ore, with sales rocketing to $11.7 billion between January and June. Two years ago, first-half sales of lithium to China reached only $470 million. China is taking almost all of Australia’s lithium output, underlining its dominance of both critical-minerals processing and of the energy transition more generally. Apart from China, just 2% goes to Belgium and 1% each to the United States and Korea, acc
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