United States sets sights on China in new electric vehicle push

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U.S. government officials plan to meet with executives from automakers and lithium miners in early May as part of a first-of-its-kind effort to ...

REUTERS: US government officials plan to meet with executives from automakers and lithium miners in early May as part of a first-of-its-kind effort to launch a national electric vehicle supply chain strategy, according to three sources familiar with the matter.

"We need to find ways to more efficiently develop our nation's domestic critical mineral supply because these resources are vital to both our national security and our economy," North Dakota Senator John Hoeven, a member of the Senate's Energy and Natural Resources Committee, said in a statement to Reuters when asked about the meeting.

Five companies, including Lithium Americas Corp, are developing US lithium projects that plan to use new technologies to extract the metal from clays, bromine and even oilfield waste, processes not common elsewhere and considered game-changing by some analysts. But not all of them have secured financing

Representatives from Tesla, Ford Motor Co and General Motors Co plan to attend the Washington meeting and discuss with federal officials potential policy changes that could encourage development of a domestic supply chain to mine, process and supply lithium, nickel, cobalt and graphite for battery manufacturers and automakers, according to the sources.A Ford spokesperson said that the company regularly engages with stakeholders on various supply chain topics.

"We're trying to make sure policymakers have an understanding of this complex situation," said James Calaway, chairman of ioneer Ltd, which is developing a lithium project in Nevada that also hold a large concentration of boron, used in a plethora of consumer goods.

 

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