Stockpiling critical materials moves to centre stage
It seems that the US has finally decided to stop talking about Chinese concentration of the supply chain and decided to dust off its National Defense Stockpile of materials which was started 80 years ago and is supposed to keep the US military supplied with key raw materials and protect against supply shocks. The problem is that it has not been kept up. Years of budget cuts have shrunk the stockpile’s strategic reserves to record lows and the US now faces a serious shortage of some materials vital for the Energy Transition. In December, Congress passed a new National Defense...
Topics
Critical Materials
Energy Transition
EU
IEA
Lithium
Stockpiles
US
