As the battery industry becomes increasingly integrated into more aspects of the world, concerns around the battery supply chain become more prominent as well. In the context of batteries, supply-chain is heavily dominated by the availability of raw materials. Hence, the role of the battery material company is becoming more important today than ever before.
The largest and most discussed companies that supply such materials are based in China—a cause for concern as geographical and political complications arise. But the US-based companies have heft of their own, and given recent federal legislation that rewards US sourcing, these companies can be expected to see their importance—and profits—rise in coming years.
In this piece, we’ll take a look at some of the largest US battery materials companies. Read on!