Category: Supply Chains
U.S. Plans to Bypass China’s Cobalt Dominance with Arizona Plant
The Singapore-based commodities trader Trafigura announced it will partner with the U.S. battery metals processing firm EVelution to build a battery-grade cobalt sulfate processing facility in Arizona. The facility is projected to produce 7,000 tons of cobalt sulfate by 2027, an estimated 40% of ...
U.S. Builds Mineral Coalition to Displace China
The United States hopes to use its rich allies to channel investment to resource-rich countries in order to cut China out of mineral supply chains. The U.S.-led Minerals Security Partnership, which also includes Japan, the EU and others, held a ministerial meeting ...