A new report from the liberal Brookings Institute out Monday warned that the United States and European supply chains are too dependent on China for modern technologies such as electric vehicles, transmission, and energy storage.
The report, titled “China’s Role in Supplying Critical Minerals for the Global Energy Transition,” is urging Western policymakers to expedite an overhaul of their mining regulatory regime to meet 21st-century demand for clean technology.
“China is the dominant global player in refining strategic minerals,” the authors wrote, with Chinese operations refining 68 percent of the world’s nickel, 40 percent of the world’s copper, 59 percent of lithium, and 73 percent of cobalt. “Most notably, China holds 78 percent of the world’s cell manufacturing capacity for [electric vehicle] batteries,
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