U.S. officials are speaking out about the urgency to diversify supply chains for critical resources that are now largely dependent on China, particularly rare earths, cobalt, and lithium that are all essential ingredients in manufacturing electric vehicle batteries.
It’s a hot topic this week at Africa’s largest mining conference that’s taking place in Cape Town. Although senior U.S. diplomats speaking at the conference haven’t actually said the word “China,” the “C” word is nonetheless clearly on their minds.