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Following the rise in production and adoption of electric vehicles (EVs) globally, the demand for battery materials is soaring. As some supply chains struggle to keep up, market participants are looking for strategic partnerships to create a more secure supply chain. With Fastmarkets forecasts and insights, you’ll get the help you need to:
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South Korea plans to reduce its reliance on countries such as China when it comes to sourcing materials – including critical minerals such as graphite and rare earths – to avoid potential supply chain disruptions.
Read more on how we are bringing transparency to the LFP battery market
This recommendation, along with others like promoting domestic battery recycling and research funding for alternative battery chemistries, is part of a larger strategy to enhance US resilience in strategic areas
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