article thumbnail

Ford Motor Moves Deeper Into Supply Network Vertical Integration

Supply Chain Matters

based Albemarle providing upwards of 100,000 metric tons of battery grade lithium hydroxide to supply 3 million Ford EV batteries starting in 2026. A supply agreement starting in 2025 involves EnergySource Minerals and Compass Minerals , for lithium supply to be produced in California and Utah. These agreements include U.S.

article thumbnail

A vision for a transparent global Rare Earth Element system using blockchain technology

Provenance

It is forecasted that by 2026, demand will mainly be linked to the rise in clean energy technology, in particular for neodymium-iron-boron (NdFeB) magnets –– critical components for electric and hybrid vehicles as well as wind turbines. Get in touch here. Introduction. The demand for Rare Earth Elements (REEs) is increasing.