Is self-sufficiency in battery materials a pipe dream for Europe & US?
Yes. At least that's the conclusion of our analysis in the April edition of Battery Materials Review. Because governments don't seem to have grasped an important concept. It takes maybe 18-24 months to build a battery megafactory and maybe 2-3 years to build a chemical or intermediate plant. But it takes 7-10 years from discovery to production to build a mine and we are just not seeing enough Government support, either from a soft point of view or in plain, hard cash, for mining. We analysed how much demand would be needed for just the announced megafactories and compared that...
Topics
Aluminium
Batteries
Battery Materials
Cobalt
Europe
Graphite
Lithium
Manganese
Megafactories
Mining
Nickel
US