Interestinghttps://www.wsj.com/articles/u-s-mounts-a-charge-to-take-on-china-the-king-of-electric-vehicle-batteries-11611658235?
Right now, much of the supply chain is concentrated in China, which makes more than 70% of the world’s lithium-ion batteries, according to Benchmark. The country also refines and manufactures the majority of minerals and materials needed for those batteries.
Novonix Ltd. , an Australian-listed company, has a contract to sell 500 tons of synthetic graphite, produced at its factory in Chattanooga, Tenn., to battery maker Samsung SDI Co. starting this year, the company said.
By 2025, the company hopes to increase output to 25,000 tons annually, said Chris Burns, the company’s chief executive. “We have to move faster,” he said. “People are going to need it.”