China's lithium supply chain: Security dynamics and policy countermeasures
Na Zhou,
Hui Su,
Qiaosheng Wu,
Shougeng Hu,
Deyi Xu,
Danhui Yang and
Jinhua Cheng
Resources Policy, 2022, vol. 78, issue C
Abstract:
This paper used the system dynamics method to model the lithium supply chain in China, which was simultaneously driven by both demand and price dynamics. We focused on the long-term security dynamics in the context of resource constraints and the growing demand for electric vehicles (EVs) in China. We then simulated the impact of the short-term shock caused by the Coronavirus on the security of the domestic lithium supply chain. Based on scenario analysis, China's lithium supply chain exhibited prominent consumption-driven characteristics. Long-term changes in China's ultimate recoverable lithium reserves would not have a significantly impact on lithium supply chain security. Contrary to this, the development of the EVs industry would result in a significant increase in China's demand for lithium, which might adversely affect the security of the country's supply chain for lithium in the future. The domestic lithium supply chain was able to withstand the short-term impact of the Pandemic, but overcapacity was intensified as a result.
Keywords: Security dynamics; Lithium supply chain; System resilience; Coronavirus impact (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301420722003129
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:78:y:2022:i:c:s0301420722003129
DOI: 10.1016/j.resourpol.2022.102866
Access Statistics for this article
Resources Policy is currently edited by R. G. Eggert
More articles in Resources Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().