business

U.S. Accelerates Efforts to Secure Critical Minerals Supply Chain

17 Ağustos 2026Bloomberg

Nth Cycle CEO Megan O’Connor discusses the significant risk posed by China's dominance in critical-mineral refining, which exceeds 85%. She elaborates on the U.S.
government's efforts to localize battery material production and the necessary support to effectively compete with China. O’Connor also highlights how Nth Cycle's innovative technology could expedite the establishment of domestic refining capabilities.
As the global demand for electric vehicles and renewable energy technologies increases, the need for critical minerals like lithium and cobalt has become paramount. China's control over refining processes presents a strategic vulnerability for the U.S., which is striving for energy independence and technological lea…
The reliance on China for critical minerals is a pressing concern for U.S. supply chains, particularly as the demand for battery materials surges.

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This article is for informational purposes only and does not constitute investment advice.

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