The shift towards renewable energy sources has brought about many changes, including a newfound reliance on certain minerals that were once considered minor players in the energy sector. One such mineral is graphite, which is used in the production of electric vehicle batteries.

With the increasing demand for electric vehicles, the demand for graphite has skyrocketed, putting pressure on the global supply chain. The issue of graphite shortage highlights the challenges facing the electric vehicle industry, which must find a way to secure a stable supply of the mineral to meet the growing demand.

Bloomberg analyst Liam Denning recently explored the current state of the graphite market and the implications for the future of the electric vehicle industry.

Read it here:

https://www.washingtonpost.com/business/energy/bidens-ev-boom-needs-a-graphite-rush-like-chinas/2023/02/09/3289dad0-a874-11ed-b2a3-edb05ee0e313_story.html

Leave a Reply

Your email address will not be published. Required fields are marked *

Sign Up for Our Newsletter

Get the latest investment ideas and strategies sent straight to your inbox.

You May Also Like

Forget Gold. Here’s Why Investors Should Pay Closer Attention to Zinc

Gold, silver, platinum, and copper prices increased sharply in November amid rising…

EnviroGold Global Announces Stock Options Grants, Retaining Top Tier Talent Critical to Producing Metals Without Mining

EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) (“EnviroGold…

Graphite One Enters into Agreement for the Purchase of Net Smelter Production Royalty

Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) (“Graphite One” or the “Company”), planning a complete domestic…

Traction Uranium and Forum Energy Metals Enter into an Option Agreement for the Grease River Property in the Athabasca Basin

Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction”)…