News Snapshot:
Car batteries at a factory in Nanjing in China's eastern Jiangsu province. STR/AFP via Getty Images China dominates the processing of many materials that end up in electric vehicles . Now it is going after mining those resources more aggressively. On Wednesday, Gavekal Research took a look at lithium, a key element in the rechargeable batteries that power Tesla (ticker: TSLA) vehicles, as well as all other EVs. Lithium demand has been booming and prices are rising. The International Energy Agency projects the value of global lithium sales will grow 20-fold between 2020 and 2030. Lithium prices are up roughly...
