The writing is on the wall...It's clear and eminent ....from cobalt news...
"Earlier this month, Natural Resources Canada released a list of 31 minerals now designated as strategic, everything from copper to cobalt to tellurium…Committee witnesses also warned that competition to secure critical minerals will only intensify as demand for electric vehicles and electronics grows…Simon Moores, managing director of Benchmark Mineral Intelligence, said China is likely to possess 67 per cent of global capacity to build lithium-ion batteries by 2030, due in large part to significant investments the country has made, including in so-called “mega factories.” North America, by comparison, will have just 12 per cent of the market, according to BMI research…“We are in the midst of a global battery arms race, where the world’s major economies are building a base to the energy storage revolution,” Moores said…Witnesses pressed Ottawa to release a national strategy on the development of critical minerals and to deepen ties with Europe, the U.S. and Japan to strengthen its non-Chinese supply chains… “We will definitely have to expand. Not only do we need to promote the auto industries into making EVs, which means promoting them with consumers, but we also have to support the development of that supply chain,” she said. “The processing of the minerals, the development of the battery cells, the battery materials, all need to be brought together and incentivized.”