Midstream needs investment too
We've highlighted how worried we are about the under-investment in raw materials, but the midstream is also an area of concern. The funds raised by Posco Chem (which raise US$900m in November) highlight the need for substantial midstream investment, particularly in Europe and the US. We note that Posco Chem plans to invest nearly five times as much on cathode supply in Asia as in Europe, despite the very substantial growth plans for European battery capacity. While there are a number of investments on the drawing board for anode material in both Europe and North America, there is a shortage...
Topics
Anode
Cathode
Posco Chem
