GoKawiilThe U.S. must build a strong battery supply chain to power growing energy demands. The U.S. currently sources a large portion of its critical minerals supply from foreign entities— a dependency that puts national security, economic competitiveness, and energy transition at risk. To build a stronger, more resilient domestic battery industry, we must understand what’s driving demand for critical minerals, how to diversify supply chains, the role of policy, and how innovation is reshaping the landscape. To put this into perspective, for 19 out of 20 strategic critical minerals, China is the leading refiner, with an average market share of approximately 70%.
The country needs a resilient domestic battery supply chain
Why This Matters
Developing a resilient domestic battery supply chain is crucial for the U.S. to ensure energy security, reduce reliance on foreign sources, and maintain economic competitiveness. Strengthening this supply chain will also support the transition to cleaner energy technologies and mitigate geopolitical risks associated with critical mineral dependencies.
Key Takeaways
- The U.S. heavily depends on foreign sources, especially China, for critical mineral refining.
- Diversifying supply chains and investing in innovation are key to resilience.
- Policy measures are essential to support domestic industry growth and secure supply chains.
Get alerts for these topics