Race to secure battery metals heats up as GM, Ford ink deals "There are also growing concerns over China’s dominance of refining and manufacturing capacity of the materials. Reliance on the Asian nation is now seen as a vulnerability amid trade and political tensions that are spurring a rethink of global supply lines.
“These deals underscore the importance of locking in long-term and diverse sources of raw materials,” said Chris Berry, president of House Mountain Partners, an industry consultancy. “Access to the raw materials is going to be very interesting to watch in the back half of this decade.”
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