CHART: China’s grip on battery metals supply chain
Only 23% of global supply of all battery raw materials is coming from China.
Only 23% of global supply of all battery raw materials is coming from China.
China leads the world in the manufacture of electric vehicles and charging stations.
The facility would have three tonne-per-day processing capacity.
By the fourth quarter of 2021, the Canadian refinery's production is expected to reach over 25,000 tonnes a year.
In both countries, miners will have to comply with strict health and safety protocols to prevent the spread of covid-19.
First Cobalt was established in March 2017 as a direct response to the EV revolution.
Shutdowns to manufacturing plants in China that could potentially cut off US rare earths imports shone a spotlight on the fact the nation is reliant on China for its rare earths needs.
Which imported minerals create the most risk for US supply chains and national security?
The sector often operates in rural or remote areas and workers live in close quarters, adding to the risks.
The Vancouver-based company produces high-performance lithium-ion battery cathode materials using low-cost proprietary technology.