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The Big Switch: Are Batteries the New Oil?

Catalyst with Shayle Kann

NOTE

Sourcing and Processing Minerals for Battery Production

Obtaining minerals like lithium, cobalt, graphite, manganese, nickel, and copper for battery production involves sourcing from specific countries like Australia, China, Chile, South Africa, and Indonesia. The purification process of these minerals has become more cost-effective over time, similar to the trend observed in silicon production. China dominates the processing and refining of critical minerals, controlling 85% of the market. The battery production process involves precise synthesis of the materials, reflecting a highly sophisticated process.

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