8/18/2023 0 Comments Juicebox lithium ionWashington appears intent on building a “lithium-ion economy,” which could benefit Canada and other U.S. It also dominates the supply of metals required to make batteries that drive EVs. Moores added that while DRC produces more than 70 per cent of the world’s cobalt, “not all” of it is produced using illegal practices.Ĭhina leads the global EV industry and last year accounted for about half of all EV sales, according to the International Energy Agency. will still rely on supply chains that pass through China for its lithium-ion batteries for some time, so it’s a high risk strategy until the U.S. versus China trade war has spilled over into the EVs and lithium-ion batteries,” said Simon Moores, CEO of Benchmark Mineral Intelligence, a research group based in London, in an interview. “It feels like the latest chapter in the U.S. is looking to diversify its supply chain away from China, which has a strong grasp of the EV sector, and toward its allies, a trend known as “friendshoring.” In a speech in Washington, D.C., last week, Canada’s deputy prime minister, Chrystia Freeland, also emphasized the practice, stressing the need to speed up the development of energy projects in Canada so that the nation can support allies in need.ĭeputy Prime Minister Chrystia Freeland speaks during a press conference at Bison Transport in Calgary. The addition of lithium-ion batteries to the list comes at a time when the U.S. The compendium, which also linked solar cells from China and crude palm oil from Indonesia to forced labour, “can be considered a risk radar used to raise public awareness” on labour exploitation, said Christine Feroli, a spokesperson for the U.S. Companies that use products from the list are in no danger of prosecution, but they might face uncomfortable questions from customers, activists and politicians. government has chosen to include Chinese batteries, which dominate the market. It’s been known for years that child labour is prevalent among DRC’s artisanal and small-scale mines, yet this is the first time the U.S. This advertisement has not loaded yet, but your article continues below.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |