7.6 C
Belgrade
23/04/2024
Mining News

US battery supply chain challenges

The Li-Bridge Industry Report identifies the top three challenges for building a robust U.S. lithium battery supply chain:

Insufficient return on investment on long-term projects

Supported by

▪︎ While many battery-related projects can be cash flow positive, they often have difficulty providing the 15% or greater return on capital employed

Lengthy and uncertain timelines to secure permits and project approval, especially upstream

▪︎ This is exacerbated by bureaucratic processes and NIMBYISM (‘not in my backyard’)

Lack of access to critical minerals and raw and processed energy materials

▪︎ U.S. lithium battery manufacturers and users are at a severe disadvantage in obtaining access to critical minerals and energy materials relative to government-backed countries

Related posts

Navigating the era of critical minerals: Challenges and opportunities ahead

David Lazarevic

Angola’s mining renaissance: Beyond oil to rare earths and diamonds

David Lazarevic

Heavy rainfall forces Glencore to halt operations at McArthur River zinc and lead mine in Australia

David Lazarevic
error: Content is protected !!