“The growth in battery capacity is not just about numbers; it signals a fundamental shift in how we source critical metals and design EV batteries," notes Frik Els.
Four sources told Reuters that the Trump administration and Ukraine plan to sign a deal giving the U.S. access to Ukrainian minerals in return for military aid.
A key uncertainty is whether raw aluminum and related products incur a 25% tariff or if they get a more favorable 10% treatment for being a critical mineral.