Two experts from the Center for Strategic and International Studies, Gracelin Baskaran and Ben Cahill, published an analysis Aug. 25 which included the expanded BRICS’ capacities in various important commodities.
Regarding lithium, “The addition of Argentina would position BRICS with three of the five largest lithium producers in the world, alongside China and Brazil….” they wrote. “An expanded BRICS would have 72% of rare earths (and three of the five countries with the largest reserves). The expanded bloc would also hold 75% of world’s manganese, 50% of the world’s graphite, 28% of the world’s nickel, and 10% of the world’s copper (excluding Iran’s reserves)....
