The United States lists cobalt, lithium, nickel and graphite in the Battery Metal Supply Security Act

by:CTECHi     2021-07-24

According to foreign media reports, the U.S. Republican senator led by Lisa Murkowski and the United Democrats jointly proposed a mineral resource security law that reduces external dependence and improves mineral resources and supply chains. Minerals Security Act), and listed lithium, graphite, cobalt and nickel as 'critical minerals' required by the automotive and energy industries.

Mukowski said at the Benchmark Minerals Summit that the safety of U.S. minerals is important and urgent, but its challenges are often overlooked. U.S. consumption of key minerals is heavily dependent on foreign countries, which affects employment, weakens economic competitiveness, and exacerbates geopolitical risks.

According to the statistics of the United States Geological Survey (USGS), more than half of the 48 types of mineral consumption in the United States in 2018 depended on imports, of which 18 were completely dependent on imports. Minerals that rely entirely on imports include rare earth elements, graphite and indium.

Simon Moores, manager of Benchmark Mineral Intelligence, a battery raw material consulting company, said that the position of lithium batteries in the 21st century is like Petroleum played the same role in the 20th century, while the current US lithium production is less than 1% of the world's total, and lithium chemicals account for only 7%. The United States has no cobalt mining and chemical production capacity. There are no flake graphite mines in the United States and no graphite cathode production capacity. The United States mines nickel production is less than 1% of the world's, and there is no nickel sulfate production capacity.

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