INTERVIEW-Small Chinese city makes big lithium plan

Newswire

NANCHANG, China, Nov 22 (Reuters) - The small Chinese city of Yichun in Jiangxi hopes to become "Asia's lithium capital", by creating a lithium-related industry worth 100 billion yuan over the next five years, the city's mayor said. The metal is in high demand for use in batteries as politicians and automakers push to get more electric and hybrid vehicles on the road. To achieve its ambitious goal, the city, which had a total gross domestic product of 70 billion yuan in 2009, has created ...

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