EV segment will likely depend on China for many years
Resilinc
DECEMBER 13, 2022
And just as petroleum resources shaped the geopolitics of the last 100 years, control of the battery minerals needed to electrify transport and decarbonize energy utilities has become a critical national security issue for the 21st Century. China controls 72% of lithium refining capacity and 71% of cobalt refining, according to WSJ.
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