Europe faces a challenging period ahead as it works toward decarbonization while reducing supply-chain risks from China.
* China’s control of key materials threatens Europe’s energy transition
>- Rare earth elements and permanent magnets: ~100% Heavy RE
– Solar photovoltaics: ~90%
– Magnesium: ~95%
– Batteries and critical minerals: ~60-70% lithium & cobalt, ~90% graphite
– Beyond energy technology: pharmaceuticals etc.
* Export controls and trade disputes jeopardize Europe’s clean-tech supplies
* Europe must diversify supply chains and bolster processing to reduce risks
PS. Seems far better article than clickbait youtube ad. yesterday.
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Europe faces a challenging period ahead as it works toward decarbonization while reducing supply-chain risks from China.
* China’s control of key materials threatens Europe’s energy transition
>- Rare earth elements and permanent magnets: ~100% Heavy RE
– Solar photovoltaics: ~90%
– Magnesium: ~95%
– Batteries and critical minerals: ~60-70% lithium & cobalt, ~90% graphite
– Beyond energy technology: pharmaceuticals etc.
* Export controls and trade disputes jeopardize Europe’s clean-tech supplies
* Europe must diversify supply chains and bolster processing to reduce risks
PS. Seems far better article than clickbait youtube ad. yesterday.