For decades, China held a monopoly on strategic metals. But now a new player, Georgia, has found 240 million tons of manganese ore on its territory, already being called “the new lithium,” The Diary 24 reports.
A colossal discovery in Chiatura
In the Chiatura region, reserves of manganese ore amounting to 240 million tons have been confirmed. Manganese is increasingly seen as an alternative to lithium for electric vehicle batteries. It allows the creation of cheaper and more reliable cathodes, which could radically change the balance of the global market.
Georgia between China and the West
At the same time, the pro-Russian Georgian Dream party holds power in Georgia. As is known, China is Russia’s main economic partner, which sponsors its war against Ukraine. In addition, about 20% of Georgia’s territory is currently controlled by Russia, something Moscow can use as leverage for blackmail.
The current government has effectively stalled Georgia’s accession to the European Union. This reduces the country’s chances of democratization and, therefore, hinders alliances with Western nations.
A chance for the West and a challenge for China
The emergence of a competitor like Georgia has become an unexpected challenge for China, which has dominated strategic resources for decades. The US and other Western countries are already considering cooperation with Tbilisi to reduce dependence on Beijing.
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